business
Breaking up is hard to do: how the US is planning to crack down on monopolies
As Ticketmaster-Live Nation’s market dominance in the event ticketing industry comes under scrutiny by the US Department of Justice, will this investigation pave the way for antitrust enforcement in the future?
In October, Lawrence, a New York-based band, did something very few artists have done. In a public forum, they criticised Ticketmaster and Live Nation. This is not the done thing in the music business unless you’re Bruce Springsteen, who previously railed against the “monopoly situation” created when the two merged in 2010.
Lawrence, led by brother and sister duo Clyde and Gracie Lawrence, have played big festivals like Coachella, but they are by no means ...
