Evening Edition: DOJ Files Lawsuit To Break Up Concert Ticketing Giant
The Department of Justice has filed a lawsuit against Live Nation, owner of Ticketmaster, for illegally inflating ticket prices to live events saying the two should be broken up for fairness. The lawsuit accuses Live Nation, also a large owner of concert venues, of forcing those venues to only host Live Nation talent while charging outrageous ticket prices, service fees and just access to the most popular shows.
FOX’s John Saucier speaks with Grady Trimble, FOX Business Network correspondent based in Washington-D.C., who breaks down what the lawsuit is about and how Live Nation has responded.
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