 |
| Live Nation Entertainment has faced criticism from fans, lawmakers, artists and competitors |
According to the sources, prosecutors are anticipated to contest the business methods used by the parent firm of Ticketmaster.
When the DOJ files a lawsuit on behalf of competitors, it frequently aims to compel the defendant to divide up its operations or sell up portions of its company.
When contacted by the BBC, the DOJ declined to comment. Live Nation has also been contacted by the BBC for comment.
Numerous state attorneys general will join the federal government in its legal fight, according to the Washington Post, which broke the story first.
The business, which hosts concerts, sells tickets, and owns venues, is anticipated to face legal action alleging that it has restricted customer choice and driven out competitors, contributing to price increases.
The action follows a multi-year investigation by the DOJ's antitrust division. The Justice Department was reportedly investigating the business and its Ticketmaster division in 2022, according to CBS News.
In 2010, the US-based event promoter Live Nation and the ticket sales and distribution business Ticketmaster merged to form Live Nation Entertainment.
The DOJ approved the merger at the time despite worries that it would create a monster that may control the live entertainment market.
Growing opposition to Live Nation Entertainment has come from competitors, legislators, fans, and artists.
The business has been charged of exerting undue influence over live entertainment events both domestically and internationally.