May 23, 2024: DOJ Sues Live Nation for Illegal Monopoly, Supreme Court Issues Racial Gerrymandering Decision, Justice Alito Faces More Backlash for Second Flag, and More.
UNBIASED Politics
Jordan Berman
4.8 • 2.5K Ratings
🗓️ 23 May 2024
⏱️ 16 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Welcome back to Unbias. |
| 0:02.0 | Your favorite source of Unbias News and Legal Analysis. |
| 0:06.0 | Welcome back to Unbias. |
| 0:09.0 | Today is Thursday, May 23rd, and this is your final news rundown of the week. |
| 0:14.0 | If you love the unbiased approach that this episode provides, |
| 0:17.3 | you already know the drill, if you feel more informed after listening, |
| 0:20.8 | share the show with your friends, leave me a review, all of those things really help me out. |
| 0:24.7 | If you're watching on YouTube, you can of course hit that thumbs up button, |
| 0:27.8 | subscribe to the channel, those things really help as well. |
| 0:30.4 | So thank you very much. |
| 0:31.7 | Without further ado, let's get into today's stories. |
| 0:35.4 | Two main stories, and then we'll finish with quick hitters. |
| 0:38.2 | In an unsurprising move today, the DOJ and 30 state and district |
| 0:41.9 | attorneys general announced an antitrust lawsuit against |
| 0:44.7 | Live Nation and Ticketmaster. |
| 0:47.2 | The reason I say that it's unsurprising is because this has been rumored for at least a couple |
| 0:51.6 | of months the investigation's been going on since |
| 0:54.0 | 2022 but here's what it's all about when it comes to antitrust lawsuits it's all |
| 0:59.2 | about monopolization and and restricting competition so or promoting competition but accusing the companies of restricting competition so in this case the government is alleging that live nation ticket master has a monopoly that is restricting competition in the market, it's depriving ticket innovation, it's inflating costs, all of these negative things. |
| 1:19.2 | According to the complaint, there are a variety of tactics that Live Nation Ticketmaster |
| 1:24.0 | have imposed to weed out competition and maintain their monopoly and |
| 1:28.8 | this includes one tactic that Live Nation refers to as its Flywheel. The DOJ says that the |
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