By Michael | promarket.org
The recent lawsuit that the United States Department of Justice (DOJ) and 30 state and district attorney generals filed against Live Nation Entertainment and wholly-owned subsidiary Ticketmaster is not a case that presents a “close call.” It is a case in which consumers, artists, promoters, and venues all have suffered from anticompetitive conduct, and have done so for years. And it is one in which the company will likely not be able to offer countervailing justifications. In short, it is one of the strongest monopolization cases in the modern era.