Justice Department resists Ticketmaster Entertainment Inc. (TKTM) and Live Nation Inc. (LYV) merger, and will require major concessions, the Wall Street Journal reported, citing people people familiar with the situation.
The report said that the discussions are continuing between Justice Department officials and executives of Ticketmaster and Live Nation and no final decision has been reached.
Recently, it is to be noted that Britain's Competition Commission or CC has provisionally ruled that the proposed merger of Ticketmaster and Live Nation will limit the development of competition in the market for live music ticket retailing.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.