As expected, the Justice Department filed an antitrust lawsuit yesterday against Live Nation and Ticketmaster, saying they have an unlawful monopoly on the live event industry in the United States.
Well, Live Nation bigwig Dan Wall issued a response, and it's . . . interesting. He says his company IS not responsible for high ticket prices.
Instead, he blames increasing production costs, "artist popularity," online ticket scalping . . . and YOU, for being willing to pay those scalpers, quote, "far more than primary tickets cost."
Oh, and he added, quote, "The world is a better place because of [our] merger, not a worse one."
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