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US Department of Justice Investigates Live Nation for Monopolistic Practices
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Overview
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The US Department of Justice is investigating Live Nation for alleged monopolistic practices in the live show and concert market. Live Nation's extensive control, including artist and venue management, is believed to limit artists' ability to negotiate and negatively impact ticket prices. The investigation will focus on Live Nation's contracts and their impact on venue choice of promoters and ticketing services.
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How might the investigation impact the live show and concert market?
What are the potential consequences for Live Nation if found guilty of monopolistic practices?
What measures can artists take to protect their ability to negotiate?
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