-
Government sues Ticketmaster owner and asks court to break up company’s monopoly on live events
“It’s a failure of past antitrust. And it’s something that rips customers off every day,” said John Kwoka, a professor of economics at Northeastern University who was also a consultant for the states that ran a 2009 investigation in parallel with the Justice Department into Live Nation and Ticketmaster’s original merger.
Read more at AP News -
DOJ and states sue Live Nation, could seek breakup of company
Professor John Kwoka, who advised state attorneys general on the 2010 investigation, said simply separating the two companies is not enough. “You can’t just reverse the merger,” he said, adding that other assets might need to be sold off and Ticketmaster’s exclusivity undone.
Read more at Politico
John Kwoka on breaking up Ticketmaster
