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CSPAN Attorney July 2, 2024 - Vimarsana News

CSPAN Attorney July 2, 2024

Cspan as a Public Service along withseproviders, giving you a ft row seat to democracy. Mary ellen announced the Justice Department is suing live nation and ticketmaster for illegally monopolizing markets in the live concert industry. He also took questions about House Republican efforts to hold him in contempt of congress and the legaluation against donald trump. Earlier today the department of justice joined by 29 states and the nt and its whollyowned subsiarticketme sherman antitrust act. In recent years, live nation ticketmasters exorbitant fees and technological failures have been critici...

CSPAN2 Attorney July 2, 2024 - Vimarsana News

CSPAN2 Attorney July 2, 2024

Earlier today the department ost joined by 29 states and the district of columbia sued live nation and ticket master for violating the sherman antitrust act. In recent years, live nation ticketasters exorbitant fees and technological failures have beeit fans and artists alike. But we are not here nation ticket masters conduct ison we are here because as we allege, that conductand illegal. Our complaint makes clear happens when a monopolist dedicates its resources to entrening its monopoly power and insulating itself from competition ratherr than investing in better products and services. We na...

CSPAN2 Attorney July 2, 2024 - Vimarsana News

CSPAN2 Attorney July 2, 2024

Have been criticized by fans and artists alike. But we are not here today because live na conduct is inconvenient or frustrating. We are here we allege, that conduct is anticompetitive and illegal. Our complaint makes clear what happens when monopolist dedicates its resources to entrenching its monopoly power and insulating itself from competition rather than investing better products and services. We allege that live nation has a monopolized markets across the live concert industry in the united stes it is time to break it up. Ticket master made itself ubiquitous in the industry. It directly ...

MSNBCW Jose July 2, 2024 - Vimarsana News

MSNBCW Jose July 2, 2024

The doj alleging the Live Entertainment Conglomerate Monopolized markets and boxed out rival companies. There you see at the Department Of Justice, the podium is set up. These companies, the Department Of Justice is alleging, unfairly have resulted in higher prices for consumers. 30 state and District Attorney generals are joining in the lawsuit. Dominic chu, good morning. What exactly the basics . What does livenation doo, how do they they make their money and what is the government accusing them of . This is a suit highly anticipated for quite some time now and hit a fevered pitch, got a lot...

CNBC Squawk July 2, 2024 - Vimarsana News

CNBC Squawk July 2, 2024

To file an antitrust lawsuit against ticketmaster parent livenation as early as today lets begin with nvidias blowout quarter. The Company Revenue more than tripled in q1, and its datacenter business grew by more than 400 over a year earlier sending shares above 1,000 for the first time heres jensen huang on the call last night the demand for gpus and all the datacenters is incredible. Were racing every single day, and the reason for that is because applications like chatgpt and gpt 4o and now its going to be multimodality and gemini and its ramp and anthropic, you know, all of the work thats ...