US regulators sue Live Nation
Podcast |
Business Matters
Publisher |
BBC
Media Type |
audio
Categories Via RSS |
Business
Publication Date |
May 24, 2024
Episode Duration |
00:49:22

US regulators have sued Live Nation, accusing the entertainment giant of using illegal tactics to maintain a monopoly over the live music industry. The lawsuit from the Department of Justice said the firm's practices had kept out competitors, and led to higher ticket prices and worse service for customers.

Also, Devina Gupta finds out how Russian president Vladimir Putin could use US property in the country to compensate for frozen Russian assets. And why one of Australia’s biggest banks, the Commonwealth, is predicting the country will become cashless by 2026.

(Picture: The logo for Live Nation Entertainment is displayed on a screen on the floor at the NYSE in New York. Picture credit: Reuters)

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