The Department of Justice is expected to file an antitrust lawsuit against Live Nation and its subsidiary Ticketmaster.

The Department of Justice is expected to file an antitrust lawsuit against Live Nation and its Ticketmaster division.

A successful antitrust lawsuit could trigger major changes in the live events market, an industry that has come under increased scrutiny in 2022 amid problems at Ticketmaster that prevented millions from purchasing tickets to Taylor Swift’s “Eras” tour.

For those who blamed Live Nation, the Swift incident showed how a lack of competition has created a variety of problems, such as poor customer service, troublesome pricing, high ticket costs and restrictions on ticket resale – all of which add up to what many buyers describe as death by a thousand wounds.

The story is still developing and will be updated.

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Source: edition.cnn.com