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Cspan as a Public Service along withseproviders, giving you a ft row seat to democracy. Mary ellen announced the Justice Department is suing live nation and ticketmaster for illegally monopolizing markets in the live concert industry. He also took questions about House Republican efforts to hold him in contempt of congress and the legaluation against donald trump. Earlier today the department of justice joined by 29 states and the nt and its whollyowned subsiarticketme sherman antitrust act. In recent years, live nation ticketmasters exorbitant fees and technological failures have been criticized by fans and artists alike. Today ticketmasters conduct is inconvenient or frustrating. We are here because as we allege,t conduct is anticompetitive and illegal. Her complaintâ– k makeslear what happens when a monopolist d ....
Earlier today the department ost joined by 29 states and the district of columbia sued live nation and ticket master for violating the sherman antitrust act. In recent years, live nation ticketasters exorbitant fees and technological failures have beeit fans and artists alike. But we are not here nation ticket masters conduct ison we are here because as we allege, that conductand illegal. Our complaint makes clear happens when a monopolist dedicates its resources to entrening its monopoly power and insulating itself from competition ratherr than investing in better products and services. We nation has illegal monopolized and it is time to break it up. Live nation ticketmaster has made its ubiquitous in live it controls at least 80 of primary ticketing at directly manages more than and controls more than 60 of concert promotions across the country and owns and controls more 60 of large theaters United States , li nation relies on un ....
Have been criticized by fans and artists alike. But we are not here today because live na conduct is inconvenient or frustrating. We are here we allege, that conduct is anticompetitive and illegal. Our complaint makes clear what happens when monopolist dedicates its resources to entrenching its monopoly power and insulating itself from competition rather than investing better products and services. We allege that live nation has a monopolized markets across the live concert industry in the united stes it is time to break it up. Ticket master made itself ubiquitous in the industry. It directly manages more than 400 artists and controls more than 60 of concert promotions across the country. And or controls more than 60 of large we allege to dominance, live nation relies on wf anticompetitive conduct to exercise its monopolist to control over live Event Industry in the United States< ....
The doj alleging the Live EntertainmentConglomerate Monopolized markets and boxed out rival companies. There you see at the Department Of Justice, the podium is set up. These companies, the Department Of Justice is alleging, unfairly have resulted in higher prices for consumers. 30 state and District Attorney generals are joining in the lawsuit. Dominic chu, good morning. What exactly the basics . What does livenation doo, how do they they make their money and what is the government accusing them of . This is a suit highly anticipated for quite some time now and hit a fevered pitch, got a lot more traction a couple of years ago when livenation took a lot of the heat for the botch ....
Cspan, 45 years and counting. Wered by cable. U. S. Attorney general merick garland announced the justice dep suing live natid ticket master for concert industry. The attorney general about House Republican efforts to hold him in contempt of congress and the legal challenges r president donald trump. Earlier today the department of justice joined byistrict of columbia sued live ticket master for violating the sherman antitrust act. In recent nation ticket masters exorbitant fee and technological failures have been criticized by fans and artists ali. But we are not here today because live masters conduct is inconvenient or frustrating. Re because, as we allege, that conduct isnte an illegal. Our complaint makes clear what happens when a monopolist dedicates its resources to entrenching its monopoly power and insulating itself from competition rather than in better products and services. We allege lnati has a legally monopolized m ....