Wall Street Journal, with the suit set to allege that the company’s concert promotion and ticketing operations have undermined competition in the live music industry.The report claims that since the 2010 merger of Live Nation and Ticketmaster, the enterprise has gone on to control more than 80 per cent of the market for ticket sales in the US. The Journal reports that issues covered by the suit will include unfair market leverage, high transaction fees and flawed customer service.In response to the report, Live Nation’s head of corporate affairs, Dan Wall, argued that the company in fact has more competition than ever.