The Justice Department is suing Ticketmaster and Live Nation. What does that mean for concertgoers?

Will the Justice Department’s lawsuit against Ticketmaster and Live Nation give concertgoers, sports fan and theater patrons some relief from surging ticket prices?The lawsuit could potentially lead to a breakup of Live Nation Entertainment, a company that resulted from Ticketmaster’s 2010 merger with concert promoter Live Nation. Attorney General Merrick Garland said the aim is to allow more competition and to let smaller players gain more of the U.S. ticket-selling market — which Ticketmaster controls a whopping 70% of.More competition could lead to cheaper tickets. But experts say live event lovers shouldn’t expect changes any time soon.What happened?The Justice Department on Thursday accused Live Nation of engaging in a slew of practices that have allowed it to maintain a stronghold over the live music scene. They accused it of using long-term contracts to keep venues from choosing rival ticketers, blocking venues from using multiple ticket sellers and threatening venues that they...