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Ticketmaster, Live Nation Deal Prompts US Concern
Date: Friday, October 09, 2009 @ 11:50:26 UTC

US antitrust enforcers are concerned that a merger of Ticketmaster Entertainment Inc. and Live Nation Inc. may reduce competition for tickets to live events at large venues, said a person familiar with the matter. The Justice Department is likely to decide within two months whether to oppose the merger, said the person, who spoke on condition of anonymity. The deal, announced in February, would unite the largest ticketing company with the biggest venue operator, creating an entity with $6 billion in annual sales. Complete Article







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