Stock Focus Report WASHINGTON (Reuters) – Ten additional states have joined the U.S. Justice Department’s lawsuit against Live Nation-Ticketmaster for monopolizing markets across the live concert industry, the department said on Monday.
The Justice Department, along with a group of 30 states and the District of Columbia, filed the lawsuit in May to break up Live Nation [LYV.N], arguing the concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists.
(Reporting by Ismail Shakil and Katharine Jackson; editing by Rami Ayyub)
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