DirecTV sues Nexstar, Tegna over their proposed $6.2 billion merger
DirecTV said in a press release the merger would create a triopoly in Indianapolis, affecting more than 1.2 million “TV homes.”
DirecTV said in a press release the merger would create a triopoly in Indianapolis, affecting more than 1.2 million “TV homes.”
The Justice Department reached a settlement with Live Nation last week to open up some ticketing and promotional markets to more competition, but 30 states are still pursuing the case.
Live Nation wants the exhibits disqualified from the trial, saying the messages reflect “off-the-cuff banter, not policy” between two personal friends who do not work together.
The Justice Department announcement was immediately met with strong criticism from multiple states.
The case accused Live Nation of using threats, retaliation and other tactics to “suffocate the competition” by controlling virtually every aspect of the industry, from concert promotion to ticketing.
The trial stems from a lawsuit filed in 2024 that alleged the companies have dominated the industry by suffocating competitors and controlling everything from concert promotion to ticketing.
The largest U.S. venue owner and ticket seller faces claims by the U.S. Justice Department and more than three dozen states that it is illegally monopolizing the live music industry and should be forced to shed its Ticketmaster unit.
The case is moving far too slow for U.S. District Judge Kenneth Bell’s liking and he’s repeatedly asked both 23XI Racing and Front Row Motorsports, as well as NASCAR, to speed it up.
Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly in social networking.
The Federal Trade Commission and a bipartisan group of state attorneys general sued Ticketmaster and its parent company Thursday, saying they are forcing consumers to pay more to see live events through a variety of illegal tactics.
The Justice Department’s antitrust chief, Gail Slater, hailed the decision as a “major win for the American people,” even though the agency didn’t get everything it sought.
A federal judge on Monday rebuffed Apple’s request to throw out a U.S. government lawsuit alleging the technology trendsetter has built a maze of illegal barriers to protect the iPhone from competition and fatten its profit margins.
The fate and fortunes of one of the world’s most powerful tech companies now sit in the hands of a U.S. judge wrestling with whether to impose far-reaching changes upon Google in the wake of its dominant search engine being declared an illegal monopoly.
Google will confront an existential threat Monday as the U.S. government tries to break up the company as punishment for turning its revolutionary search engine into a ruthless monopoly.
The email was shown Tuesday on the second day of an antitrust trial alleging Meta illegally monopolized the social media market.
In federal court Monday, Meta CEO Mark Zuckerberg rejected the Federal Trade Commission’s claim that the social media giant maintains a monopoly.
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, seeking to block the $24.6 billion deal.
Indiana and 38 other states have joined a U.S. Department of Justice antitrust lawsuit against concert promoter Live Nation and its ticketing subsidiary Ticketmaster, leading some experts to wonder if the sheer volume of support for the lawsuit could lead to significant change for the ticketing and concert industry.
While Union Health withdrew its application to acquire Terre Haute Regional Hospital, the health system said Monday the two parties will continue to work toward completing the deal, though an estimated timeline was not given.
U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.