Instead of moving forward with a jury trial against Live Nation-Ticketmaster as expected, the Justice Department announced a settlement Monday that omitted what used to be on the top of its wish list: a breakup. What the DOJ did get was a series of concessions that some industry stakeholders found unsatisfying and even baffling. There […]
Was it a threat or a reality check? That’s a key question in the government’s anti-monopoly case against Live Nation, which is currently in limbo after the Justice Department reached a settlement with the company and as dozens of states push ahead. The Verge obtained the audio of a 2021 call at the center of […]
The Live Nation trial is not over yet. Several states look to be headed to trial on their own as soon as Monday unless they hash out a settlement in the next few days. On Tuesday, a day after the Justice Department revealed in court it had reached a settlement with Live Nation that a […]
On Monday, Live Nation-Ticketmaster agreed to settle a federal antitrust lawsuit with the Department of Justice. Eight states so far have indicated they plan to join the settlement, a district attorney said in court, and four others remain unclear on their status. The case alleged that it illegally monopolized parts of the live events industry, […]
SeatGeek was close to a deal that would bring its ticketing business to the next level. The company was in negotiations with the Dallas Cowboys, aiming to take over first-party sales at its stadium. But there was one sticking point: “the concert issue.” The team feared that if it dropped SeatGeek’s rival Ticketmaster, Ticketmaster’s parent […]
Until now, most mobile phone companies have worked to ensure their phones won’t start fires. (Occasional Samsung devices excepted, of course.) But this week at Mobile World Congress, we found a company that dared to go in a different direction. Oukitel’s WP63 rugged smartphone includes a built-in fire starter, and this is what it looks […]
John Abbamondi had orders to let the CEO of Ticketmaster down easy. In April 2021, Abbamondi was the CEO of BSE Global, the company that ran Brooklyn arena the Barclays Center. BSE Global’s existing Ticketmaster contract would expire at the end of September, and Abbamondi and his team had evaluated proposals from SeatGeek, AXS, and […]
In a downtown Manhattan courtroom on Monday, lawyers for the US Justice Department and 40 state and district attorneys general warned a jury that the concert industry was being squeezed by a monopolist: Live Nation-Tickemaster. After amassing dominance over ticketing and artists’ use of large amphitheaters, lead DOJ counsel David Dahlquist alleged, Live Nation constructed […]
In mid-February, the Department of Justice lost its head antitrust enforcer – just weeks before it was scheduled to argue one of the year’s biggest anti-monopoly cases in court. Antitrust Division chief Gail Slater announced her departure suddenly, via a post on her personal X account. But to those who follow the agency closely, it […]
Gail Slater, the top antitrust enforcer at the Justice Department, announced Thursday that she has left her post, just weeks before the agency’s next major tech monopoly trial against entertainment giant Live Nation is set to begin. “It is with great sadness and abiding hope that I leave my role as AAG for Antitrust today,” […]