Reported about 2 months ago
Attorneys General from nearly 30 U.S. states are pursuing treble damages against Live Nation and its subsidiary Ticketmaster, alleging monopoly practices that inflate concert ticket prices and harm both artists and consumers. The updated lawsuit follows a May initiative aimed at dismantling Live Nation's influence in the live music industry. New York AG Letitia James emphasized the need to protect fans from corporate exploitation in the concert sector. Live Nation, which oversees a significant share of concert promotions and ticketing, plans to contest the claims in court.
Source: YAHOO