
Basically, things have been tighter in the Justice Department since Obama has been in office, but the merger between Ticketmaster and Live Nation is both ethically right, and morally wrong.
The Justice Department’s trustbusters argue that there was little else they could do. They could be right. There was a risk that Live Nation would sell its ticket service if the merger was blocked and simply sign a contract with Ticketmaster.
This affects Americans and Canadians alike, I think.
Under the terms of the agreement filed Jan. 25 in U.S. District Court for the District of Columbia, officials with Ticketmaster and Live Nation agreed to make significant changes to their merger, including divesting assets and licensing software in order to make the ticketing market more competitive.
They just have to give up their assets and software? Other companies have had to come up with their own software already to get around their greediness. I wonder what’s in it for the U.S. Department of Justice.