Rep. Bill Pascrell has written a letter to the Federal Trade Commission and the Department of Justice requesting that the agencies target the Live Nation-Ticketmaster merger as part of a joint inquiry designed at modernizing merger regulations. The New Jersey Democrat, who has been a staunch critic of the... Read more
U.S. Senators Richard Blumenthal (D-CT) and Amy Klobuchar (D-MN) are urging the Department of Justice to investigate Live Nation’s “near-monopoly” in the live event ticket market. The Senators addressed their request in a letter to Jonathan Kanter, and Assistant Attorney General in the DOJ’s Antitrust Division. Their request centers... Read more
At an antitrust enforcement oversight hearing held by the Senate Judiciary Subcommittee on Antitrust, Makan Delrahim, Assistant Attorney General for the Department of Justice Antitrust Division, confirmed that Live Nation (NASDAQ: LYV) is under investigation for alleged anti-competitive behavior and its adherence to a 2010 consent decree. While he... Read more
U.S. Senators Amy Klobuchar (D-MN) and Richard Blumenthol (D-CT) are urging the Department of Justice to conduct an investigation into the live entertainment industry in a letter to Makan Delrahim, Assistant Attorney General for the Antitrust Division. Their request is based upon reports that Ticketmaster and its parent... Read more
The United States Department of Justice is looking into the operating practices of Ticketmaster and parent Live Nation related to its behavior in the marketplace since the live entertainment giants merged in 2010, according to a New York Times report published on Sunday. Reported by Ben Sisario and Graham... Read more
