Judd Legum

@JuddLegum ↗

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Last Checked Nov. 5, 2022

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Thu Oct 20 12:59:52 +0000 2022

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Judd Legum @JuddLegum

12. Unsurprisingly, the DOJ's actions did nothing to change the status quo. Ticketmaster continues to dominate. Fees continue to go up. There really is no competition, and, if there were, venues are afraid of what will happen if they leave Ticketmaster https://t.co/12xkykW8RT — PolitiTweet.org

Posted Oct. 20, 2022

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Judd Legum @JuddLegum

11. So what did the DOJ do in response to this. BASICALLY NOTHING. It did not sue to unwind the merger. It did not impose a single dollar in fines. It simply extended Live Nation Entertainment's obligation not to retaliate, an obligation they've been ignoring for a decade — PolitiTweet.org

Posted Oct. 20, 2022

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Judd Legum @JuddLegum

13. Live Nation Entertainment has continued to consolidate its market power, purchasing "a competing ticketing startup founded by a former Live Nation executive called Rival" and acquiring "three leading international ticketing and event companies." https://t.co/12xkykDZDL — PolitiTweet.org

Posted Oct. 20, 2022