Antitrust enforcement is the bulwark to a competitive market. Unfortunately, over the past several years, there has been very little merger enforcement exerted by the Department of Justice.
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The Ticketmaster and LiveNation merger -- which would unite the ticket seller (and its reselling sibling) with concert promoter/artist overseer LiveNation is paving the way for a huge monopoly.
The merger would likely lead to high ticket prices and make small independent booking venues and artists both more vulnerable in business dealings with the new giant.
Ticketmaster Entertainment Inc and Live Nation Inc may unveil a merger as soon as this week, creating a music industry powerhouse with a combined mark...
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