DOJ Sues Ticketmaster Owner Live Nation Over Alleged Monopoly

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 23 May 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for May 23. The U.S. Justice Department and more than two dozen states want to break up Live Nation and Ticketmaster. And Washington considers reducing additional capital requirements for the nation’s biggest banks. Heard on the Street writer Telis Demos explains what that means for the banks. Plus, Congress invests in researching the feasibility of deep-sea mining, amid concerns over China’s control of key minerals. Reporter Yusuf Khan has more. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:24.2	ek slash special offer
0:28.8	the justice department sues ticket master owner Live Nation over its alleged monopoly over
0:34.5	ticketing and concert promotion in the U.S.
0:37.7	And U.S. regulators consider reducing additional capital requirements for the nation's biggest
0:42.4	banks.
0:43.0	This is a multi-billion dollar question
0:46.0	and also something that's significant for shareholders
0:49.0	and they would argue for their customers as well.
0:52.0	Plus Congress is set to explore the feasibility of deep sea mining for minerals.
0:57.2	It's Thursday, May 23rd.
0:58.6	I'm Caribbean, a may for the Wall Street Journal.
1:00.5	This is the PM edition of What's News, the top headlines and business stories that moved the world today? Well, we said on this morning's show that the Justice Department planned to sue
1:16.2	Live Nation, alleging the company has a monopoly in ticketing and concert
	...

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