Ten more states join US suit seeking to break up Live Nation-Ticketmaster

WASHINGTON (Reuters) - Ten additional states have joined the U.S. Justice Department's lawsuit against Live Nation-Ticketmaster for monopolizing markets across the live concert industry, the department said on Monday.

The Justice Department, along with a group of 30 states and the District of Columbia, filed the lawsuit in May to break up Live Nation (LYV.N ), arguing the concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists.

Source: Investing.com