Will Live Nation, the parent company of Ticketmaster, be ordered to be broken up in the USA by the end of 2024?
➕
Plus
20
Ṁ1720
Jan 1
28%
chance

Resolves YES if they lose the upcoming lawsuit and are ordered to be broken up

In the lawsuit to be filed on Thursday, the DOJ's options range from requiring the company to stop illegal behavior, a common request, to asking a court to break it up, which is rare.

https://www.reuters.com/world/us/us-doj-seek-break-up-live-nation-ticketmaster-bloomberg-news-reports-2024-05-22/

Get Ṁ1,000 play money
Sort by:
reposted

The legal action underscores the aggressive approach President Joe Biden's antitrust enforcers have adopted as they seek to create more competition in a wide range of industries, from Big Tech to healthcare to groceries. It also shows the power and anger of concert-goers and Swifties, the nickname for Swift's fans.

reposted

The lawsuit comes after the Justice Department in 2010 approved Ticketmaster's controversial merger with Live Nation, with conditions intended to stop the combined company from harming competition.