Antitrust articles
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Japan is also targeting Apple for antitrust practices
After the European Commission forced Apple to open up iOS for third-party app stores in the EU, it seems like other countries are investigating Apple over antitrust and monopolistic practices. Most recently, news broke that Japan is looking to significantly increase fines for big corporations that engage in monopolistic practices. The current law in Japan suggests a penalty of 6% of sales, but policy makers are looking to increase that to 20%. A subsequent future failure to comply with the law...
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Ticketmaster to face federal antitrust lawsuit: reports
The Justice Department is preparing to file a federal antitrust lawsuit against Live Nation, the parent company of Ticketmaster, according to multiple reports. The Wall Street Journal first reported Monday that the Justice Department will be filing an antitrust lawsuit against Live Nation in the coming weeks, citing people familiar with the matter. Live Nation
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Live Nation May Face Antitrust Lawsuit
Live Nation reportedly may be facing an antitrust lawsuit as early as May. The Justice Department is preparing to sue the concert promotion and ticketing company after investigating its size and negotiating power in its field, The Wall Street Journal (WSJ) reported Monday (April 15). The suit will allege that Live Nation, which is the parent company […]