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0.000375617085211382 -0.0003219575016098 -0.000965872504829399 0.000375617085211382 -0.00343421335050448 -0.00758317235458262 -0.0123417042283752 -0.0123417042283752
Stock impact report

Live Nation Stock Could Rise 29% As Analysts Doubt Antitrust Suit's Bite [Forbes]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: Forbes
Capitol January 24, 2023 in Washington, DC. The Senate Judiciary Committee is holding a hearing this morning to explore whether the merger of Live Nation and Ticketmaster has stifled competition and harmed the consumer marketplace. (Photo by Drew Angerer/Getty Images) The U.S. Department of Justice plans to file an antitrust lawsuit against Live Nation, according to the Wall Street Journal On April 16, a major TV network asked me whether that purported antitrust lawsuit would lead to lower ticket prices. My answer: The legal action could lower prices if the right remedy is put in place. The 2010 merger of Ticketmaster and Live Nation continues to shock me. How could combining the largest ticketing service provider with the dominant operator of convert venues pass antitrust muster in the first place? The result of that merger has been predictable: inflation-trouncing rates of ticket price increases coupled with an even higher percentage of so-called junk fees on top of the tick Show less Read more
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