Business
Bloomberg Businessweek - ● Ticketmaster could suffer plenty of hurt from the fiasco, which has left
● Ticketmaster could suffer plenty of hurt from the fiasco, which has left the US Department of Justice under intense pressure to fix what many say was a mistake in allowing Live Nation and Ticketmaster to merge in 2010. The agency has opened a new antitrust probe into the largest concert promotion and ticketing company.● Live Nation Entertainment has “become too big to care,” US Federal Trade Commission Chair Lina Khan said at a Dec. 6 business conference in Washington. “There is a certain amount of investment in their services and their products that we don’t see, because they’re not facing that type of robust competition,” said Khan.● A Live Nation Entertainment spokesperson says the company cooperates with ongoing federal oversight of its ticketing business.● Read more through the link in our bio. (📸: Manny Carabel/Getty Images)
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