DOJ Attacks Live Nation For Seeing a Future Its Competitors Did Not [Forbes]
Live Nation Entertainment, Inc. (LYV)
Last live nation entertainment, inc. earnings: 10/31 04:01 pm
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Source: Forbes
the words of Jonathan Kanter, who runs the Department of Justice's antitrust division. He was talking about Live Nation, which the Washington Post describes as “a concert promoter, artist manager, venue owner, and ticket seller and reseller,” among other things. Which requires a pause. It's always interesting when antitrust types bemoan what they imagine is a “monopoly.” Applied to Live Nation, what became the latter was founded in 1996. That the DOJ had no interest in it then is a statement of the obvious. The Justice Department only discovers what it deems “monopoly,” but that most sentient beings cheer as wildly successful, well after the fact. Applied to Live Nation, assuming it's “just so entrenched” as the ankle biters at the DOJ presume, that's logically because the marketplace in which it operates, and thrives , was plainly in need of what Live Nation became. Better yet, those atop Live Nation did what entrepreneurs do whereby they led the marketplace to what Live Nation h
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LYV
Earnings
- 5/2/24 - Miss
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Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- LYV's page on the SEC website