Live Nation has been arguing that its subsidiary Ticketmaster doesn't set ticket prices; rather, performers and sports teams do Source
The Department of Justice is planning to file a major anti-trust lawsuit against Ticketmaster’s parent company, Live Nation, as soon as next month, according to a report. The litigation will accuse the country’s largest concert promoter of leveraging dominance in a way that undermines competition, The Wall Street Journal first reported on Monday, citing sources familiar with the matter. The outlet did not report on the specific allegations to be brought in the suit. The DOJ opened its probe...
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The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, will allege the ticketing company used its market-leading position to harm competition for live events, the Journal reported. But...
The US Department of Justice has indicted four Iranian nationals for allegedly launching spear phishing attacks against the US government and defense contractors. In one instance, the hackers compromised over 200,000 employee accounts at a victim organization.
The Biden administration essentially wants states to give federal grant money to illegal aliens, convicted criminals, and people who contributed to their own victimization under Read More
The United States Department of Justice announced Tuesday that it has settled 139 administrative claims for a total of $138.7 million to be given to survivors
The US Federal Trade Commission said on Monday it was suing to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate competition. This comes at a time when several US lawmakers have sought increased scrutiny from the FTC of several multi-billion dollar deals that might risk higher prices and affect consumers. US antitrust enforcers had also come out with new merger guidelines in December, in a bid to encourage fair, open and competitive...
FTC lawsuit to block Coach parent from buying Michael Kors owner says deal
The Securities and Exchange Commission is illegally collecting data from American citizens who invest in the stock market, according to a lawsuit, per the New York Post.The report noted that New Civil Liberties Alliance filed the lawsuit on Tuesday against the SEC. The NCLA claimed that the agency, through its "Consolidated Audit Trail" program, is actively gathering mass amounts of personally identifiable data. The SEC is allegedly forcing brokers, exchanges, and clearing agencies to send...