Industry, Consumer Groups Decry Ticketmaster Deal

Law360, New York (November 19, 2009, 5:13 PM EST) -- Following reports of the U.S. Department of Justice's qualms over the proposed $2.5 billion merger of Ticketmaster Entertainment Inc. and Live Nation Inc., several industry and consumer groups on Thursday attacked the deal as a "disaster" for ticket buyers, warning that suggested remedies would do little to improve the situation.

The groups — including the National Association of Ticket Brokers, the National Consumers League, the Consumer Federation of America, Consumer Action and Knowledge Ecology International — urged the agency to take advantage of its "unique opportunity...
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