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New York CNN —The US Department of Justice is preparing to sue the country’s largest concert promoter and ticketing website Live Nation in the coming weeks for breaking America’s antitrust laws, the Wall Street Journal reported, citing anonymous sources familiar with the Justice Department’s plans. The lawsuit against Live Nation Entertainment, the parent company of Ticketmaster, will allege the ticketing company used its market-leading position to harm competition for live events, the Journal reported. Shares of Live Nation (LYV) dropped nearly 7% in premarket trading Tuesday. Live Nation and the Justice Department didn’t respond to CNN’s request for comment about the Journal’s report. Live Nation and Ticketmaster merged in 2010, now billing itself as the “largest live entertainment company in the world.”
Persons: Department’s, Justice Department didn’t, Taylor Swift’s, Swift, Joe Berchtold, , Jack Groetzinger, SeatGeek Organizations: New, New York CNN, US Department of Justice, Wall Street Journal, Live Nation Entertainment, Ticketmaster, Justice Department, Live, Republicans, Rivals Locations: New York, United States
Mehta’s decision is an 11th-hour victory for Google in a case brought jointly by state attorneys general and the federal government. The Justice Department sued the company during the Trump administration over its dominant position in online search. The lawsuit by the states, which followed two months later, had been consolidated with the US government’s case. The effects of being the default search provider on browsers and smartphones “is a hotly disputed issue in this case,” Mehta wrote. Colorado Attorney General Phil Weiser, who led the charge on the states’ initial lawsuit, said he was pleased the case will still proceed to trial.
Persons: Judge Amit Mehta, Trump, Biden, Yelp, Mehta, ” Mehta, , Kent Walker, Department didn’t, Phil Weiser, , ” Weiser Organizations: Washington CNN, Google, Court, District of, The Justice Department, Microsoft, Facebook, Justice Department, Department Locations: District of Columbia, Colorado
Smith takes over a staff that’s already nearly twice the size of Robert Mueller’s team of lawyers who worked on the Russia probe. Smith will also take on national security investigators already working the probe into the potential mishandling of federal records taken to Mar-a-Lago after Trump left the White House. Those lawyers maintain the former president is unlikely to be indicted, according to two sources familiar. Special Counsel Robert Mueller makes a statement about the Russia investigation on May 29, 2019 at the Justice Department in Washington, DC. Trump allies have consistently maintained that nothing Trump did related to the election and January 6 itself amounts to a crime.
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