Live Nation has confirmed that it’s under investigation by the Department of Justice, but denies that it illegally colluded with AEG or anyone else.
Members of the public are invited to submit comments "on harmful practices and on potential regulation or legislation to protect consumers in the industry" through July 7.
Government attorneys noted this week that they might file additional claims against the concert giant, which wants the case transferred to Washington, D.C.
For all the kvetching about Ticketmaster, the idea of the company’s divisions reinforcing one another could be a much bigger problem.
The battle-weary concert promoter may face off in court with the Department of Justice’s antitrust agency, which is in desperate need of a win.
The concert promoter is currently complying with initial discovery requests from a broad antitrust probe.
In a press release from the US Department of Justice published yesterday, eight men have been indicted for a $114 million securities fraud scheme orchestrated through social media, including Tom Cooperman, one half of the duo Breathe Carolina. According to the release, “A federal grand jury in