Ticketmaster owners ordered to be broken up to break stranglehold on live entertainment
The live music giant could be split 14 years after a $2.5billion merger (Picture: Paul Sakuma/AP Photo)
The US government is trying to split up Ticketmaster’s parent company, Live Nation, accusing it of an illegal monopoly in the live entertainment industry.
Merrick Garland, the US attorney general, said ‘it is time to break up Live Nation-Ticketmaster’,
The overarching Live Nation Entertainment company, which sells tickets and promotes gigs, was formed through a $2.5billion merger in 2010.
Заголовки