Washington – A consumer advocacy group called
TicketDisaster.org announced on Tuesday that nearly 25,000 consumers have
directly contacted the U.S. Justice Departent, to urge the antitrust division
to block the merger of Ticketmaster (NASD: TKTM) and concert promotion giant Live Nation (NYSE: LYV).
"Consumers
can spot a raw deal when they see one, and this merger is exactly that — a
combination of two market behemoths that would result in higher prices, more
outrageous fees, and less choice," said Sally Greenberg, executive director
of the National Consumers League, a founding member of the coalition.
Other backers
of the campaign include the "American Antitrust Institute, Consumer
Action, Consumer Federation of America,
I.M.P. Productions Chairman Seth Hurwitz (representing independent venue
owners), the National Association of Ticket Brokers and the U.S. Public
Interest Research Group (USPIRG)."
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