New Hampshire joins antitrust lawsuit against Live Nation
New Hampshire is one of 30 states joining the U.S. Department of Justice in filing an antitrust lawsuit against Ticketmaster's parent company, Live Nation Entertainment.
New Hampshire is one of 30 states joining the U.S. Department of Justice in filing an antitrust lawsuit against Ticketmaster's parent company, Live Nation Entertainment.
The credit ratings agency cited the DOJ's antitrust lawsuit against the company as the reason for the downgrade.
The United States Department of Justice and 30 state attorneys general filed a lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, for alleged monopolistic practices. Live Nation and Ticketmaster merged in 2010, creating a dominant entertainment machine that controls the majority of ticket sales and venue bookings in the country. "Live Nation suffocates its competition using a variety of tactics, from acquisitions of smaller regional promoters and venues, to threats and retaliation to agreements with rivals," said U.S. Attorney General Merrick Garland in a press conference on Thursday.
Prosecutors argue Live Nation used its Ticketmaster ticketing monopoly to suppress competition, the latest in several actions to rein in the power of big corporations across America.
OpenAI announced this week that it’s removing Sky, one of the voices used by its new GPT-4o model, after users found it sounded eerily similar to Scarlett Johansson’s AI character in “Her.” While the company claims the voice was not based on Johansson’s, the actress said OpenAI had previously approached her about using her voice for the model. The U.S. Department of Justice and 30 state attorneys general filed a lawsuit against Live Nation Entertainment, Ticketmaster’s parent company, for alleged monopolistic practices.
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