monopoly
Coverage of monopoly in the Nexus archive.
- It was the inspiration for the iconic red hotel in Monopoly and open 24/7 but now pub that never closed could be shut forever amid fight over its HEIGHT
A pub that inspired the iconic red hotel in Monopoly and operated 24/7 may be shut down due to a dispute over its height.
- States ask court to break up Live Nation, Ticketmaster
Over 30 state attorneys general have petitioned a court to dissolve the merger between Live Nation and Ticketmaster following a jury verdict finding the ticketing companies maintained an illegal monopoly in live entertainment. The states are seeking divestiture of Ticketmaster from Live Nation as a remedy for anticompetitive conduct.
- US Live Nation and Ticketmaster verdict triggers calls for Australian investigation into ticketing rules
A US federal court ruled that Live Nation Entertainment and Ticketmaster held a harmful monopoly over concert venues, leading to excessive profits and overcharges. The verdict has prompted calls for an Australian investigation into ticketing rules, with an insider estimating Australians pay A$10 in fees per ticket due to monopolized markets.
- What does the Live Nation verdict mean for concertgoers?
A jury found Live Nation, Ticketmaster's parent company, guilty of monopolizing large venues in the U.S. This verdict could lead to legal and operational changes affecting ticket pricing and venue access for concertgoers.
- A jury declared Live Nation a monopoly. But ticket prices won't drop just yet
A jury ruled Live Nation a monopoly, but ticket prices may not decrease immediately. D.C. and 33 states must now propose remedies and fines, which could be delayed if Live Nation appeals. Experts remain uncertain about the long-term effect on ticket pricing.
- Iran War timeline continues to shift. And, jury rules Live Nation acted as monopoly
Trump continues to try to declare victory in Iran as the timeline for the war's end shifts. A jury determined that Live Nation acted as a monopoly and overcharged ticket buyers.
- Wait, could they still actually break up Live Nation?
A federal jury determined Live Nation engaged in illegal monopoly practices, but the company reached a tentative settlement with the DOJ recently. The case raises questions about potential corporate restructuring despite the settlement.