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DOJ sues to break up Live Nation in anti-trust case. Not Google...etc.. Live Nation.

Posted on 5/23/24 at 10:39 am
Posted by BCreed1
Alabama
Member since Jan 2024
2417 posts
Posted on 5/23/24 at 10:39 am
- The U.S. Department of Justice is suing to break up Live Nation, the parent company of Ticketmaster, over alleged antitrust violations.

-The lawsuit follows a DOJ probe launched in 2022 and bolstered by fan complaints following a botched roll out for tickets to Taylor Swift’s Eras tour.

-Through Ticketmaster, Live Nation controls roughly 80% or more of major concert venues’ primary ticketing for concerts, the complaint said.



LINK


Posted by Wednesday
Member since Aug 2017
15915 posts
Posted on 5/23/24 at 10:42 am to
Priorities
Posted by BCreed1
Alabama
Member since Jan 2024
2417 posts
Posted on 5/23/24 at 10:43 am to
quote:

Priorities



They do matter right.
Posted by dukkbill
Member since Aug 2012
842 posts
Posted on 5/23/24 at 10:44 am to
The DOJ has an active trial against Google Google just paid damages for antitrust violations to avoid the trial to be a jury trial with the argument on that item scheduled for june Reuters
Posted by imjustafatkid
Alabama
Member since Dec 2011
53117 posts
Posted on 5/23/24 at 10:46 am to
This is like the time they tried to break up Microsoft. Even if they succeed, will there really be any change for the average consumer?

The answer is no. And for that reason, this is a waste of taxpayer dollars.
This post was edited on 5/23/24 at 10:47 am
Posted by CoachChappy
Member since May 2013
32971 posts
Posted on 5/23/24 at 10:56 am to
Just FYI, our small government conservative Sen Kennedy is arguing for prices caps.

He needs to go
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 5/23/24 at 10:57 am to
quote:

DOJ sues to break up Live Nation in anti-trust case. Not Google...etc.. Live Nation.


well tay tay is a HUGE money source to bring in DNC donations, they help her, she makes more money, so the DNC makes more money

they dont even have the pretense of being serious any more
Posted by TigerB8
End Communism
Member since Oct 2003
9770 posts
Posted on 5/23/24 at 11:30 am to
It was obvious it was going to be a monopoly when they allowed the deal to proceed. It's just silly to be doing this now, but better late than never. Good thing they have priorities set correctly.
Posted by bird35
Georgia
Member since Sep 2012
12631 posts
Posted on 5/23/24 at 11:32 am to
Live Nation obviously doesn’t bribe politicians enough.


Posted by Jack Carter
Member since Sep 2018
11216 posts
Posted on 5/23/24 at 11:45 am to
quote:

The DOJ has an active trial against Google Google just paid damages for antitrust violations to avoid the trial to be a jury trial with the argument on that item scheduled for june


Anything in there about the DOJ seeking to break up Google?
Posted by SirWinston
PNW
Member since Jul 2014
86850 posts
Posted on 5/23/24 at 11:46 am to
This is yet another pander to young voters (Swifties)
Posted by Revelator
Member since Nov 2008
59501 posts
Posted on 5/23/24 at 11:48 am to
This is right up there with delaying the ban on menthol cigarettes
Posted by TerryDawg03
The Deep South
Member since Dec 2012
16490 posts
Posted on 5/23/24 at 12:23 pm to
What a waste of taxpayer money. Move on to real problems. I like concerts, but I can’t remember the last one I went to.
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
65431 posts
Posted on 5/23/24 at 12:25 pm to
Is this going to lower the ridiculous fees charged?
Posted by GumboPot
Member since Mar 2009
124192 posts
Posted on 5/23/24 at 12:34 pm to
quote:

DOJ sues to break up Live Nation in anti-trust case.



Apparently Live Nation execs are not donating enough money to Democrat Party candidates, causes and SuperPACs.
Posted by Privateer 2007
Member since Jan 2020
6562 posts
Posted on 5/23/24 at 12:47 pm to
This is to pander to stupid kids.

100% political
Posted by AubieinNC2009
Mountain NC
Member since Dec 2018
5492 posts
Posted on 5/23/24 at 1:54 pm to
so some DOJ big wigs didnt get Taylor Swift tickets
Posted by RealDawg
Dawgville
Member since Nov 2012
9855 posts
Posted on 5/23/24 at 1:54 pm to
Frick Live Nation. Ticketmaster. StubHub

Kids don’t pay for this shite..it’s parents and sports fans getting marked up 25% on both sides of transactions.

This isn’t an either or situation. They have taken over the event market and making crazy money with nominal investment or risk by gauging both sides with fees and controlling venues. While also making it impossible for competition.
This post was edited on 5/23/24 at 1:58 pm
Posted by dukkbill
Member since Aug 2012
842 posts
Posted on 5/23/24 at 3:31 pm to
quote:

Anything in there about the DOJ seeking to break up Google?


The one I linked earlier was for the Ad fees monopolization. The action started by President Trump's DOJ relating to their tying search services to computing platforms (involving Apple and others) was just wrapped up. NYT
Posted by funnystuff
Member since Nov 2012
8487 posts
Posted on 5/23/24 at 3:41 pm to
Gotta start somewhere
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