Antitrust

Auto Added by WPeMatico

States ask judge to break up Live Nation-Ticketmaster

A federal judge is officially being tasked with deciding whether to break up Live Nation-Ticketmaster. More than 30 states are asking Judge Arun Subramanian to order a sale of the ticketing giant, a “sufficient number” of large amphitheaters, and limit its ability to tie access to its remaining amps to the use of its promotions […]

States ask judge to break up Live Nation-Ticketmaster Read More »

Democrats preview how they’d go after the Ticketmaster settlement if they regain power

A handful of Democrats called an unofficial hearing on Capitol Hill Monday to slam the Department of Justice’s “trivial” and “pathetic” settlement with Live Nation-Ticketmaster, previewing how they might go after Trump administration antitrust deals if they win back congressional power in November. While the DOJ settlement with Live Nation, which came one week into […]

Democrats preview how they’d go after the Ticketmaster settlement if they regain power Read More »

Here’s how Amazon’s price fixing allegedly drove up prices everywhere

On Monday, California Attorney General Rob Bonta revealed the evidence of alleged price-fixing by Amazon. The state filed a request to the Supreme Court in February for a preliminary injunction to stop Amazon’s behavior while the lawsuit it originally filed in 2022 proceeds, and is now making that 16-page document available, “largely unredacted.” It lays […]

Here’s how Amazon’s price fixing allegedly drove up prices everywhere Read More »

Live Nation says it will fight monopoly suit loss

After a jury found that Live Nation-Ticketmaster violated antitrust law on several counts, the company warns in a blog post that the verdict “is not the last word on this matter.” The company plans to renew a motion for the judge to issue a ruling against the states, claiming that they did not prove their […]

Live Nation says it will fight monopoly suit loss Read More »

Ticketmaster is an illegal monopoly, jury rules

Live Nation-Ticketmaster is an illegal monopolist, a Manhattan jury ruled, according to Bloomberg. The verdict, reached after several days of deliberation, leaves the live entertainment giant open to a potential breakup – which was the stated goal of the lawsuit back when it was filed by the Biden administration’s Department of Justice. Such an outcome […]

Ticketmaster is an illegal monopoly, jury rules Read More »

A jury is about to decide the fate of Ticketmaster

Consumer complaints about Ticketmaster are so voluminous at state attorneys general offices that Pennsylvania’s comes with an explicit plea for residents lodging a grievance about the company to be patient for a response. That kind of pressure has driven more than 30 states to push forward with claims that Live Nation-Ticketmaster illegally monopolized parts of […]

A jury is about to decide the fate of Ticketmaster Read More »

The Trump administration’s antitrust honeymoon is over

“It’s not personal, Sonny, it’s strictly business.” That quote was first delivered by mob boss Michael Corleone in The Godfather, but last Monday, it became the title of a speech by the Justice Department’s acting antitrust chief Omeed Assefi. At a George Washington University event co-hosted with the publication MLex, Assefi described an agency firing […]

The Trump administration’s antitrust honeymoon is over Read More »

Everyone hates Ticketmaster. Why’d Trump go easy on them?

Today on Decoder, we’re talking about the major antitrust lawsuit against Live Nation, and what it might mean for antitrust and competition law in general now that the Justice Department under Trump has decided to settle its part of the case. That’s even as many states — including New York, California, and Texas — carry […]

Everyone hates Ticketmaster. Why’d Trump go easy on them? Read More »

Lina Khan was right about the metaverse

In 2021, the virtual world was the future of the internet. The pandemic had sequestered everyone indoors, heightening the appeal of digital communities. Facebook rebranded to Meta – a sign of the tech giant’s investment in and commitment to the metaverse as the future of the internet. Despite losing billions in VR, Meta released an […]

Lina Khan was right about the metaverse Read More »

Shopping Cart