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Breaking News: U.S. v. Ticketmaster

David C Kully and Kathleen Suzanne O'Neill

The U.S. and 30 states sued Live Nation-Ticketmaster for monopolization and are seeking to break up the company. Live Nation claims it lacks market power, calls the lawsuit political, and argues its vertical integration benefits fans, artists, and venues. Does conduct independent of a merger justify break up? Our panelists discuss theories and defenses.