Justice Department expected to file antitrust suit against Live Nation and its Ticketmaster unit

The Justice Department and several states plan to file a lawsuit against Live Nation Inc, alleging antitrust violations related to the market dominance of its Ticketmaster unit. The lawsuit comes after Ticketmaster faced glitches during Taylor Swift’s tour in 2022, blocking millions from buying tickets. Critics argue that the lack of competition has resulted in issues like poor customer service, confusing pricing, expensive ticketing fees, and restrictions on ticket resales. This is an ongoing story and will be updated.