Ticketmaster owner Live Nation faces possible breakup as landmark DOJ antitrust trial kicks off

Source: New York Post

Ticketmaster parent Live Nation faces a potential antitrust reckoning as a landmark case accusing the music giant of running an illegal monopoly over the live music industry kicks off in Manhattan federal court. Jury selection began Monday in the civil case, which is expected to last about six weeks. The Justice Department and a coalition of state attorneys general allege that the 2010 merger between Ticketmaster and Live Nation has stacked the deck against competitors and led to exorbitant sky-high ticket prices for Taylor Swift fans and other countless other concertgoers.