The merger message - latimes.com - 0 views
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anonymous on 30 Jan 10Merger between Ticketmaster and Live Nation, two of the major concert ticket vendors in the US, was approved by the US Justice Department. Consumer groups, independent promoters and ticket brokers all urged the department to block the deal, warning that it would give the resulting company the power to dictate terms for live entertainment at the expense of venues, artists and consumers. The companies argued that combining their ticketing and promotions arms would enable them to offer better services to venues and acts, and better value to fans.