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LYV
Business Insider
209 days

Ticketmaster fights antitrust lawsuit by arguing that a lack of competition can actually save concertgoers money

1. Live Nation seeks dismissal of 27 states from the DOJ lawsuit. 2. States can't show direct injury to residents from Live Nation's actions. 3. Increased competition could raise ticket prices, lawyers argue. 4. Judge skeptical of claims that competition benefits consumers. 5. Live Nation claims no 'tying' arrangements exist with artists.

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FAQ

Why Neutral?

Court case outcomes can influence LYV's competitive position, yet direct price effects are unclear.

How important is it?

Ongoing legal challenges can impacts public perception and stock stability of LYV.

Why Short Term?

Immediate legal proceedings could impact stocks, but long-term effects are uncertain.

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