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Transcripts For MSNBCW Jose 20240702

The doj alleging the Live Entertainment Conglomerate 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 botched handling of ticket sales for taylor swifts concert tour at the time. That whole ordeal of dropped sales, long lines and reportedly outrageous prices eventually led to even a congressional hearing on what exactly happened. Now, today, the Justice Department made it official, earlier just this past half hour

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