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Monday, February 09, 2009

the new mega concert giant could face a long antitrust investigation before final approval

While the Live Nation and Ticketmaster merger could be completed within the next few days, the new mega concert giant could face a long antitrust investigation before actually getting approval. According to Billboard.biz, both the Justice Department and the Federal Trade Commission would have to review the case, and Ticketmaster's previous monopoly accusations could mean it might take up to a year for the merger to be completed.

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