The Federal Government Might Be Going After Live Nation and Ticketmaster

Maybe sometimes the government IS the good guy.  Sources say that the Justice Department is going to file an antitrust lawsuit against Live Nation as soon as next month.

Live Nation is, of course, the parent company of every concertgoer’s least favorite entity, Ticketmaster.  And the feds say they’ve used their industry dominance to undermine competition for ticketing live events.

The result is that WE pay more, and there’s nothing we can do about it, because Live Nation and Ticketmaster are pretty much the only game in town.

Last year, a Senate panel subpoenaed documents from Live Nation pertaining to ticket pricing, fees, and secondary sales.

The New York Post has more details on it, if you’d like to dive further.