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Al Jazeera
Al Jazeera
Business

BIZARRE: Us sues ticketmaster live nation over illegal monopoly - What They Never Told You

Ticketmaster is the world’s largest ticket seller, processing 500 million tickets each year in more than 30 countries [File: Matt Stamey/USA TODAY Sports]

The Department of Justice in the United States has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an illegal monopoly and inflating ticket prices for concerts, shows and other events.

The lawsuit, filed in US federal court in Manhattan on Thursday, was brought with 30 state and district attorneys general and seeks to break up the monopoly they say is squeezing out smaller promoters and hurting artists.

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