Will the Justice Department’s lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket prices?

The lawsuit seeks to break up Live Nation Entertainment, a company that resulted from Ticketmaster’s 2010 merger with concert promoter Live Nation. Attorney General Merrick Garland said the aim is to allow more competition and to let smaller players gain more of the U.S. ticket-selling market — which Ticketmaster controls a whopping 70% of.

Will the Justice Department’s lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket…{ai:summary}<p>Justice Department takes aim at Ticketmaster-Live Nation monopoly, aiming to lower ticket prices and increase competition in the market. #economy</p>

The Justice Department is suing Ticketmaster and Live Nation. What does that mean for concertgoers?

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