I would like to fund the justice department’s GoFundMe
Here is their site - treasurydirect.gov
US Justice Department to seek breakup of Live Nation-Ticketmaster
81–90 of 319 posts
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#82The 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…
[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
#83Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#84Earlier 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’.
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
#85What'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?
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#86Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#87Earlier 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).
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#88What 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.
Re: US Justice Department to seek breakup of Live Nation-Ticketmaster
#89The 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…
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
#90If 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.