Loading...
Market
Potential Penalties for Live Nation if DOJ Wins
4
Resolution / Starting Odds
Financial penalty • 33%
Operational restrictions • 33%
Mandatory divestitures • 33%
Court ruling documents, official DOJ statements.
Story
DOJ to Sue Live Nation for Antitrust Next Month, Stock Falls
Apr 16, 2024, 10:45 AM
The U.S. Department of Justice (DOJ) is reportedly preparing to file an antitrust lawsuit against Live Nation, the parent company of Ticketmaster, as early as next month. The lawsuit alleges that Live Nation has engaged in anti-competitive practices that undermine competition in the ticketing industry for live events. This legal action follows years of criticism and could potentially force Live Nation to spin off its Ticketmaster ticketing business. The news has caused Live Nation's stock to fall, reflecting investor concerns. This lawsuit comes in the wake of controversies such as the Taylor Swift ticketing fiasco, highlighting the company's dominant position in the live entertainment sector.
View original story
Similar markets
Full breakup of Live Nation and Ticketmaster • 33%
Partial restrictions imposed without breakup • 33%
Live Nation wins with no consequences • 34%
Live Nation wins • 33%
DOJ wins • 33%
Settled out of court • 34%
Live Nation broken up • 33%
Live Nation fined • 33%
Case dismissed • 33%
Full breakup • 33%
Partial restrictions imposed • 33%
No significant changes • 33%
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Stock is delisted or suspended • 25%
Full Separation Ordered • 33%
Partial Concessions Required • 33%
Case Dismissed • 34%
Full Breakup • 33%
Partial Restructuring • 33%
Lawsuit Dismissed • 34%
Complete Breakup • 33%
Partial Restructuring • 33%
No Change • 34%
