@metroentertainment: The US government wants to break up Ticketmaster’s parent company, Live Nation, for allegedly maintaining an illegal monopoly in the live entertainment industry. Critics say Ticketmaster’s ticket process is a nightmare and prices have tripled in 20 years. And let's not forget the failed sale of Taylor Swift's 2022 tour tickets, which was blamed on high demand and bot attacks. US Attorney General Merrick Garland SAYS that it's time to split up Live Nation-Ticketmaster. He says: “Live Nation relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators.” Live Nation has pushed back against claims that it is a monopoly. They say that “very little to do” with high ticket prices. They say they will defend against "these baseless allegations, use this opportunity to shed light on the industry, and continue to push for reforms that truly protect consumers and artists.” #livenation #ticketmaster #livenationpartner #livenationticketmaster #usgovernment #taylorswiftlive #taylorswift #musicnews #concerts #fyp #foryou #fp

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Thursday 23 May 2024 17:18:37 GMT