Live Nation Faces Stock Slump Amid Antitrust Concerns
Live Nation (LYV) saw its shares drop about 7% on Tuesday following reports of a possible antitrust lawsuit by the Department of Justice (DOJ). The Department of Justice is reportedly investigating Live Nation, Ticketmaster’s parent company, for alleged anti-competitive behavior in the marketplace. The merger between Live Nation and Ticketmaster in 2010 has come under…