Live Nation ticket buyers sue in wake of US Justice Department Case

ANTITRUST - WASHINGTON - Live Nation and its Ticketmaster unit have been hit with the first in a likely wave of new consumer antitrust lawsuits after the U.S. government and states sued to break up the two companies on Thursday.

The first consumer class action to piggyback on the government cases was filed later on Thursday in Manhattan federal court, seeking $5 billion in damages on behalf of potentially millions of ticket purchasers.