By Sarah N. Lynch, David Shepardson and Mike Scarcella | reuters.com
WASHINGTON, May 23 (Reuters) – The U.S. Justice Department and more than two dozen states on Thursday sued to break up Live Nation (LYV.N), opens new tab, arguing the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists.
“It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland.