The legal action, revealed on Thursday, alleges that the companies have created an illegal monopoly in the live music industry, leading to higher costs and fewer choices for concertgoers.
Music fans might soon see relief from high-ticket prices and endless fees as the U.S. Department of Justice and Illinois Attorney General Kwame Raoul announced a lawsuit aimed at breaking up Live Nation and Ticketmaster."Live Nation's anti-competitive business practices have led to higher costs and fewer choices for fans seeking live entertainment in Illinois," Raoul said during the announcement. U.S.
The move aims to eliminate excessive fees and introduce more competition to the market, which Garland and Raoul believe will lower prices and improve quality for fans, while also benefiting artists seeking alternative management options.Today’s announcement was particularly well-received by longtime Chicago concert promoter Jerry Mickelson, founder and CEO of Jam Productions.
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