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Trial that could lead to the breakup of Ticketmaster's parent company gets underway
NEW YORK (AP) — A high-stakes antitrust trial that could lead to the possible breakup of Live Nation, the parent company of Ticketmaster, got underway Tuesday in a case over whether the entertainment giant’s dominance of the concert industry amounts to an illegal monopoly. In opening statements, a U. S. Justice Department lawyer pointed to the company's infamously problem-plagued effort to sell Taylor Swift tickets in 2022 as he implored the Manhattan federal jury to end the company's hold...
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