The Department of Justice (DOJ) on Thursday sued Live Nation Entertainment and asked a court to break up the company over claims it has maintained an illegal monopoly over the live entertainment industry.
A new bill introduced by an influential California lawmaker takes aim at Ticketmaster, whose stranglehold on the entertainment industry has long vexed concertgoers with its fees and out-of-control pricing.
Two of the hottest concert tours of the summer, Beyonce’s Renaissance World Tour and Taylor Swift’s The Eras Tour, sparked a national conversation on the way online marketplaces and ticket resellers exploit diehard fans looking to have some fun. Now, the Internal Revenue Service is tightening its grip around ticket…