The FTC and DoJ have been hitting it out of the park recently, unfortunately, there are a lot of judges out there that think corps should be able to do anything they want.
US Justice Department to seek breakup of Live Nation-Ticketmaster
51–60 of 319 posts
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#52If Live Nation-Ticketmaster is not a monopoly then there is no such thing as a monopoly.
But monopolies are not illegal. Violating antitrust law is illegal. --- You don't violate federal law just by being the only company to sell canine banana hammocks.
Are you arguing that they aren't hurting consumers? Just look at ticket prices over the years as more and more competition was eliminated, as well as the tactics they use to control artists. You aren't going to have much luck I suspect.
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#53Earlier quoted context omitted.
Yeah, it’s not just failing to break up monopolies, it’s allowing mergers to go through that would’ve been laughably doomed to fail to pass regulatory muster in earlier decades.
Well, there was arguably a point to be had in the 90s for relaxing standards. The web was new. It was allowing over the top and disruption of a lot of legacy businesses. It wasn't clear what constituted a market in those times. However , by 2009, standards should have been reimposed. That largely didn't happen. Regulators simply got used to letting things go through, and so they kept doing that.
If that was the reason, they should have restricted it to tech companies. Instead, things like traditional media and food became harmfully consolidated over the same time.
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#54The FTC and DoJ have been hitting it out of the park recently, unfortunately, there are a lot of judges out there that think corps should be able to do anything they want.
It's an election year, don't hold your breath.
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#55Finally. This will be great for indie artists and venues. Hopefully all the local older venues we have here in the US can have a cheaper option to help them flourish.
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#56The FTC and DoJ have been hitting it out of the park recently, unfortunately, there are a lot of judges out there that think corps should be able to do anything they want.
Election year.
They know the judges won't let anything bad happen to their friends so they can pretend to act tough every four years (when the billionaire class's preferred candidate/party is in office of course).
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#57I hope they can break the stranglehold they have on the venues as well, open up the market to other ticket sellers, kill the exclusivity deals between Ticketmaster and the venues.
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#58The FTC and DoJ have been hitting it out of the park recently, unfortunately, there are a lot of judges out there that think corps should be able to do anything they want.
Or at any rate starting to catch up on the backlog from the past forty years.
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#59Earlier quoted context omitted.
Here is their site - treasurydirect.gov
Treasury Direct is for stuff like savings bonds. If you want to donate , it's https://www.fiscal.treasury.gov/public/gifts-to-government.h... , but they're not directed donations.
Pardon me but I'm laughing out loud here. Who is this for?
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#60The FTC and DoJ have been hitting it out of the park recently, unfortunately, there are a lot of judges out there that think corps should be able to do anything they want.
Election year. They know the judges won't let anything bad happen to their friends so they can pretend to act tough every four years (when the billionaire class's preferred candidate/party is in office of course).
I don't understand people like you. A government agency does something material to help the consumer and you just shit talk and resort to base cynicism. Nothing would ever change if everyone was as apathetic as you are.