Attorney General Garland makes an antitrust announcement at the Justice Department — 5/23/24

U.S. Attorney General Merrick Garland holds a press conference at the Department of Justice to make an antitrust announcement on Thursday.

The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations.

The lawsuit follows a DOJ probe launched in 2022 and bolstered by fan complaints following a botched roll out for tickets to Taylor Swift’s Eras tour.

Through Ticketmaster, Live Nation controls roughly 80% or more of major concert venues’ primary ticketing for concerts, the complaint said.

For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC

https://www.cnbc.com/select/best-cred...

#CNBC
#CNBCTV

Attorney General Garland makes an antitrust announcement at the Justice Department — 5/23/24