Live Nation ‘suffocates its competition,’ US says in monopoly lawsuit
By Sarah N. Lynch, David Shepardson and Mike Scarcella WASHINGTON (Reuters) -The U.S. Justice Department and a group of 30 states and the District of Columbia Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists. “It is time to break…