Livenation and Ticketmaster antitrust investigation confirmed

No less than one day after announcing their merger, Live Nation and Ticketmaster have come under investigation by the Antitrust Division of the Department of Justice.

This morning, Justice Department spokesperson Gina Talamona told the Associated Press that the department will be thoroughly investigating the deal between the world's largest ticket seller and the world's largest concert promoter.The resulting entity from the merger would be even further-reaching than extant major record labels.

The investigation of the merger is expected to last up to six months.