Government
Feb. 27, 2009
Live Nation, Ticketmaster Tie Up Faces Federal Scrutiny
The CEOs of music industry giants Ticketmaster Entertainment Inc. and Live Nation Inc. had a long week on Capitol Hill defending the planned merger of their two companies to lawmakers worried that such a move would create a monopolistic behemoth.
By Robert Iafolla
Daily Journal Staff Writer WASHINGTON - The CEOs of music industry giants Ticketmaster Entertainment Inc. and Live Nation Inc. had a long week on Capitol Hill defending the planned merger of their two companies to lawmakers worried that such a move would create a monopolistic behemoth. The Justice Department is investigating the deal due to concerns that the yet-to-be-approved merger of the world's top ticket seller and top conce...
Daily Journal Staff Writer WASHINGTON - The CEOs of music industry giants Ticketmaster Entertainment Inc. and Live Nation Inc. had a long week on Capitol Hill defending the planned merger of their two companies to lawmakers worried that such a move would create a monopolistic behemoth. The Justice Department is investigating the deal due to concerns that the yet-to-be-approved merger of the world's top ticket seller and top conce...
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