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US Justice Department to seek breakup of Live Nation-Ticketmaster

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Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#82

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.

Unfortunately, anti-trust is all case law. The Sherman Antitrust Act is one paragraph long. 9 constitutional amendments are only one sentence long, not even a paragraph! It's all case law. But judges care way more about constitutional amendments than Sherman Antitrust Act. Most have limited intellectual interest in the problems it tackles. And really, who cares about the price of concert tickets, online ads and in-ap…

I suggest you look at the supreme courts actual docket.[0] It's a misnomer to think that the Supreme Court only cares about the first and second amendments, that's just what's interesting to Americans. Nobody cares about some random government employee who was furloughed in 2013,[1] for example, but the court reviewed that anyway. Law school is not just about the first amendment. In fact business law is actually a pretty common field to go into.

[0] https://www.supremecourt.gov/opinions/slipopinion/23

[1] https://www.supremecourt.gov/opinions/23pdf/23-21_3e04.pdf

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#83
post #54

Earlier quoted context omitted.

It's an election year, don't hold your breath.

Election year is 25% of a single administration's term, why should events be ignored 25% of the time?

It's also not like they're not campaigning for the other 3 years of the term.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#84
post #73
post #44

Earlier quoted context omitted.

The vast majority of cases aren’t dropped when you move from one administration to another. However, there’s a great deal of correlation between cases people care about and politics so you’re more likely to hear about the kinds of cases that get dropped.

I agree that most political factions actually agree on most policies, but that doesn’t mean the decision as to whether to proceed is ‘civil service’ rather than ‘political’.

Political sure, but I don’t think you can call something politics without there being some debate.

Should we build a road is a classic political choice because people disagree even if it’s generally a net positive. Should we prosecute a murderer may qualify if there’s some twist (ex stand your ground) but not in the general case.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#85
post #32
post #7

What's the typical turn time for a case like this from the time it is filed to the time it is actually in front of a judge/jury? This particular administration only has a guaranteed relevance of about 7 months. It could get extended, or it could get replaced and then cases like this would most likely get dropped. So, why bring it now?

In the article, they mention both the Trump and Biden administrations initiating investigations. Only since Obama, has this been “approved”. What leads you to believe it would most likely be dropped?

Because the next admin has already declared their policy will be of reversing anything and everything the current admin has done. Out of spite for the most part, but this one also happens to be something that hurts business so it'll be ripe for them to want to remove limiting a corp.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#86
post #83

Earlier quoted context omitted.

Election year is 25% of a single administration's term, why should events be ignored 25% of the time?

It's also not like they're not campaigning for the other 3 years of the term.

Yes, but the public memory is increasingly short.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#87

Earlier quoted context omitted.

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).

DOJ has been filing aggressive antitrust cases throughout the Biden administration’s tenure. If you want to be conspiratorial, you can point to their losing record in court and argue they know the cases will fail, but “it’s an election year” doesn’t make sense. I think the realistic take is the people at DOJ are legitimately enacting the strongest antitrust enforcement they can get away with (and then some).

The FTC leadership has made a number of strange (and in my opinion poor) decisions, beginning with insulting and alienating the agency staff, which had experience that the political appointees lacked. They then proceeded to act without regard to previous agency experience. At this point, it seems like they’re just trying to get their political goals back on track, though it seems a bit late, given that administrations are generally most effective at their beginnings.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#88
post #23

What are the distortions of the market they hope to correct by performing a 'Ma Bell of Live Entertainment' to coalesce into a new 'At&t' a few decades down the line?

Agreements forcing artists to only use LN locations and TM ticketing in markets where possible. Ticketing is relatively easy since the early days so competition should help. We also need better laws defining what can and cannot be a fee. Fees should only be for things which are truly optional and declinable.

The AT&T breakup was a lie. Dividing the country into regions so as to not compete is what collusion looks like. Hopefully they don't do that this time.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#89

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.

Unfortunately, anti-trust is all case law. The Sherman Antitrust Act is one paragraph long. 9 constitutional amendments are only one sentence long, not even a paragraph! It's all case law. But judges care way more about constitutional amendments than Sherman Antitrust Act. Most have limited intellectual interest in the problems it tackles. And really, who cares about the price of concert tickets, online ads and in-ap…

That is by design, no? Sherman act does not address a lot of modern anti-trust, as you mentioned. We need new legislation.

Judges can just as easily find pet causes that don’t align with your interests, I don’t think that’s the mechanism you or I want our country to rely on.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#90

If 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.

technically you are correct but this isn't a thread of lawyers/attorneys, this is a thread with higher than average autism. Cleaving words and being clever with 'harmless' misdirection and turn of phrase is not welcome.
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