Live Nation reportedly focus of Justice Department antitrust probe

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Live Nation reportedly focus of Justice Department antitrust probe
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Ticketmaster parent Live Nation Entertainment Inc. is expected to become the focus of an antitrust suit from the U.S. Department of Justice by the end of the...

Ticketmaster parent Live Nation Entertainment Inc. LYV is expected to become the focus of an antitrust suit from the U.S. Department of Justice by the end of the year, according to a report late Friday. Citing three unidentified sources close to the matter, Politico reported Friday that the DoJ intends to claim Live Nation is abusing its power in the live music industry. A request for comment from the DoJ was not returned as of publication time.

said it was unwinding a joint venture with American Airlines Group Inc. AAL after a court ruling in May siding with the DoJ.

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