The U.S. Department of Justice antitrust lawsuit announced Thursday against Live Nation and Ticketmaster's dominance over performing artists, venues and tickets may have been 14 years in the making, but it still has a long road ahead in New York federal court.
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TOP NEWS

Analysis

DOJ Has A Long Set To Play Against Live Nation-Ticketmaster

By Bryan Koenig

The U.S. Department of Justice antitrust lawsuit announced Thursday against Live Nation and Ticketmaster's dominance over performing artists, venues and tickets may have been 14 years in the making, but it still has a long road ahead in New York federal court.

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DOJ Sues Live Nation 14 Years After Ticketmaster Deal

By Bryan Koenig

The U.S. Department of Justice sued Live Nation Thursday over the 2010 agreement clearing the concert promotion giant's purchase of Ticketmaster, an oft-maligned deal that enforcers now want to unwind and that is blamed for fiascoes like the meltdown of ticket sales for Taylor Swift's Eras tour.

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Latham, Cravath Rep Live Nation In DOJ Ticketmaster Battle

By Hannah Albarazi

In the battle against the U.S. Department of Justice's push to break up Live Nation and Ticketmaster, the concert promotion and ticketing company has called upon a team of attorneys at Cravath Swaine & Moore and Latham & Watkins to go up against a large roster of highly experienced government antitrust attorneys.

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Analysis

House Money: The Path To A Landmark NCAA NIL Settlement

By David Steele

The NCAA is expected to pay more than $2.7 billion to settle a yearslong antitrust class action lawsuit featuring hundreds of thousands of former college athletes who alleged the organization owed them for years of unpaid name, image and likeness compensation. Here, Law360 walks you down the winding path that led to the massive reported settlement.

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NCAA, Athletes Settle NIL Class Action Over Billions In Pay

By David Steele

The NCAA said Thursday it has reached a settlement with the former college athletes who had filed an antitrust class action demanding billions in potential compensation allegedly denied to them for decades before the U.S. Supreme Court overturned the NCAA's compensation ban.

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Enforcers Want To Know Where Roll-Ups Are Happening

By Matthew Perlman

The Federal Trade Commission and U.S. Department of Justice are asking for help finding industries where serial acquisitions and roll-up strategies are being used, building on a probe of the healthcare sector launched earlier this year.

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'I Just Don't Buy It': Judge Rips Google's Injunction Argument

By Dorothy Atkins

A California federal judge considering the scope of a potential injunction against Google following Epic Games' antitrust jury trial win told Google's economist Thursday that the tech giant keeps arguing that more app store options for consumers will create a "terrifying world of chaos and anarchy," but "I just don't buy it."

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FTC Blasts Amazon's 'Unbelievable' Claims About Signal Use

By Hailey Konnath

The Federal Trade Commission on Thursday again pressed a Washington federal court to force Amazon to hand over documents regarding the company's communication preservation practices, calling Amazon's claims that executives never used the encrypted app Signal to discuss business practices relevant to the antitrust fight "unbelievable."

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Just 57% Of Complex Global Deals Closed Since 2020

By Al Barbarino

About 43% of complex cross-border global deals have failed to close since the start of 2020, while the remaining 57% did close but were highly likely to involve remedies, according to a new report from Weil Gotshal & Manges LLP.

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MERGER REVIEW

Deals Rumor Mill: NY Yankees, Abu Dhabi Bank, Int'l Paper

By Al Barbarino

Yankees’ minority stake could hit the market, First Abu Dhabi could pay $8 billion for a stake in an Istanbul-based lender, and Suzano could sweeten its $15 billion bid for International Paper. Here, Law360 breaks down the notable deal rumors from the past week.

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INTERNATIONAL

EU Fines Mondelez €338M For Curbing Snack Competition

By Rae Ann Varona

The European Commission on Thursday fined U.S.-headquartered multinational snack company Mondelez International Inc. €337.5 million ($365.74 million) for entering into anticompetitive trade agreements with resellers and abusing its position as a chocolate giant to maintain high prices.

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UK Antitrust Watchdog To Investigate Veterinary Market

By Sam Tabahriti

The antitrust regulator said on Thursday it had launched a full investigation into the veterinary sector, after it had provisionally raised concerns about poor competition in pricing and access to medicine for pets.

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LITIGATION

NCAA Can't Move Colo. Athlete Pay Case

By Daniel Ducassi

A Colorado federal judge on Thursday rejected a bid by the National Collegiate Athletic Association and collegiate athletic conferences to move athletes' compensation allegations to California, where two similar cases are being heard, highlighting the choice by named plaintiffs to have their claims heard in Colorado.

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Conn. Marketing Co., Competitor Settle Exec Poaching Suit

By Brian Steele

The Connecticut-based healthcare marketing firm Primacy LLC has reached a settlement with a competitor it accused of poaching a top executive, weeks after bringing a trade secrets lawsuit in federal court.

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Legal Marketer, Ark. Firm Agree To End Trade Secrets Suit

By Rose Krebs

A legal marketing business has agreed to dismiss a Georgia federal lawsuit accusing an Arkansas law firm and others of stealing and profiting off its trade secrets, including a database of client leads for mass torts over talcum powder and heartburn medication.

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EXPERT ANALYSIS

FTC Noncompete Rule Risks A Wave Of State AG Actions

The Federal Trade Commission's final rule language banning noncompetes may contribute to a waterfall enforcement effect in which state attorneys general deploy their broad authority to treat noncompetes as separate and independent violations, say Ryan Strasser and Carson Cox at Troutman Pepper.

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Patent Lessons From 4 Federal Circuit Reversals In April

Four Federal Circuit decisions in April that reversed or vacated underlying rulings provide a number of takeaways, including that obviousness analysis requires a flexible approach, that an invalidity issue of an expired patent can be moot, and more, say Denise De Mory and Li Guo at Bunsow De Mory.

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LEGAL INDUSTRY

Analysis

Biden's Judicial Impact And What's Left On The Wish List

By Courtney Bublé

President Joe Biden secured confirmation of his 200th federal judge Wednesday and has transformed the judiciary by picking more women and people of color than any other president. But the upcoming election season could derail his hopes of confirming many more judges.

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Meet Biden's Latest Pennsylvania Picks For District Court

By P.J. D'Annunzio & Matthew Santoni

President Joe Biden has continued his trend of nominating public defenders to the federal bench, this time selecting two longtime defense attorneys to occupy vacancies in Pennsylvania.

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DOJ's Live Nation-Ticketmaster Suit: What You Should Know

The U.S. Department of Justice and a slew of state attorneys general filed a suit challenging the 2010 merger of Ticketmaster and Live Nation. Here, catch up on Law360's coverage of the deal and those who have challenged it along the way – Taylor Swift fans, investors and regulators.

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Exiled Chinese Businessman Is No $1B Fraudster, Jury Told

By Stewart Bishop

Exiled Chinese businessman and purported billionaire Guo Wengui ran legitimate companies in support of a broad movement that opposed the Chinese Communist Party, his attorney told a Manhattan federal jury Friday, rather than what prosecutors say was a multifaceted $1 billion fraud.

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Menendez, Kasowitz Firm Spar Over Subpoena To Cooperator

By Elliot Weld

Amid his bribery trial, U.S. Sen. Robert Menendez of New Jersey is urging a Manhattan federal judge to order a government cooperator to turn over communications involving his current counsel at Kasowitz Benson Torres LLP and his former attorneys.

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McElroy Deutsch Seeks Win Against Ex-CFO After Guilty Plea

By Rose Krebs

McElroy Deutsch Mulvaney & Carpenter LLP is urging a New Jersey state court to order its former chief financial officer to pay roughly $1.5 million damages for "unauthorized compensation" he paid himself and force him to disgorge $5.4 million in pay he received from the firm.

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Ex-DOJ Atty Clark Says He Was Denied A Fair Ethics Hearing

By Alison Knezevich

Former Justice Department official Jeffrey Clark was denied a fair hearing in his Washington, D.C., ethics case and should not face punishment, he told an attorney disciplinary committee in a Thursday filing.

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Antitrust law took center stage this week as college general counsel try to figure out the what and how of paying student athletes under a new court ruling, and the U.S. Department of Justice is trying to break up the entertainment venue dominance of Live Nation and Ticketmaster.

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UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen an IT engineer seek permission to search a landfill hiding a hard drive supposedly storing millions of pounds in bitcoin, Glencore take on legal action by American Century Investments, gold payment app Glint bring a breach of duty claim against FRP Advisory, and an ongoing dispute between a solicitor and the Solicitors Regulation Authority. Here, Law360 looks at these and other new claims in the U.K.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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Using A Children's Book Approach In Firm Marketing Content

From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.

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LAW FIRMS IN TODAY'S NEWS

ArentFox Schiff

Bloom Parham

Bradley Arant

Brownstein Hyatt

Buckley LLP

Bunsow De Mory

Burnham & Gorokhov

Caldwell Carlson

Caplan Cobb

Clifford Chance

Clyde & Co

Cooley LLP

Covington & Burling

Cravath Swaine

Crowell & Moring

DWF LLP

Davidoff Hutcher

Davis Polk

Duane Morris

Eversheds Sutherland

Fieldfisher

Fish & Richardson

Fox Rothschild

Fox Williams

Gateley PLC

Greenberg Traurig

Hagens Berman

Hamlins LLP

Harris St. Laurent

Hausfeld LLP

Haynes & Boone

Hill Dickinson

Holland & Knight

Horwich Farrelly

Howes Percival

JMW Solicitors LLP

Johnson & Vines

Jones Day

Kasowitz Benson

KaurMaxwell

King & Spalding

Kirkland & Ellis

Korein Tillery

Latham & Watkins

Lewis Roca

Madsen Prestley

Marino Tortorella

Mayer Brown

McDermott Will & Emery

McDonald & MacGregor

McElroy Deutsch

McKool Smith

Michael Best & Friedrich LLP

Morgan Lewis

Munger Tolles

Oliver Maner

Olson Grimsley

Pallas Partners

Paul Hastings

Paul Weiss

Penningtons Manches

Poole Huffman

Potter Clarkson

Pryor Cashman

Reed Smith

Robbins Geller

Robinson Bradshaw

Rosen Hagood

Saporito Falcone

Sidley Austin

Smith Gambrell

Spector Roseman

Spencer Fane

Stanley Esrey

Troutman Pepper

Weil Gotshal

Welsh & Recker

Wheeler Trigg

Wilkin Chapman

Wilkinson Stekloff

Williams & Connolly

Winston & Strawn

COMPANIES IN TODAY'S NEWS

ARM Holdings PLC

AXA SA

AXA XL Ltd.

Academy Sports & Outdoors Inc.

Amazon.com Inc.

American Economic Liberties Project

Amgen Inc.

Apple Inc.

Atlantic Coast Conference

Atlantic Global Insurance Services

Avolon Holdings Ltd.

Bayerische Motoren Werke AG

Boehringer Ingelheim

Boehringer Ingelheim Vetmedica Inc.

Booz Allen Hamilton Holding Corp.

British Broadcasting Corp.

CVS Health Corp.

Corteva Inc.

Cox Communications Inc.

Defender Association of Philadelphia

Deloitte Touche Tohmatsu Ltd.

DuPont de Nemours Inc.

EMCOR Group Inc.

EQT AB

EQT Corp.

ESPN Inc.

Electronic Arts Inc.

Emerson Electric Co.

Epic Games Inc.

Equinor ASA

Exxon Mobil Corp.

Ferrari SpA

First Abu Dhabi Bank PJSC

Ford Motor Co.

Fordham University

Galp Energia SGPS SA

Glencore PLC

Google LLC

HSBC Holdings PLC

Horizon Therapeutics PLC

Icertis Inc.

Illumina Inc.

Instagram Inc.

Integrys Energy Group Inc.

JetBlue Airways Corp.

Jubilee Holdings Ltd.

Live Nation Entertainment Inc.

Major League Baseball Inc.

Major Lindsey & Africa LLC

Mediterranean Shipping Co. SA

Mercedes-Benz USA LLC

Meta Platforms Inc.

Microsoft Corp.

MilliporeSigma

Mondelez International Inc.

NBCUniversal Media LLC

NFL Enterprises LLC

NVIDIA Corp.

National Collegiate Athletic Association

National Consumer Law Center Inc.

New York Yankees

Norfolk Southern Corp.

Pac-12 Enterprises LLC

Paysafe Group PLC

Pegasus Capital Advisors LP

Penguin Random House LLC

PetroChina Company Limited

Polycom Inc.

QBE Insurance Group Ltd.

Reliance Industries

Roblox Corp.

Ryan LLC

San Francisco Giants

Shell PLC

Simon & Schuster Inc.

SoftBank Group Corp.

Solicitors Regulation Authority Ltd.

Space Exploration Technologies Corp.

Spirit Airlines Inc.

Spotify Technology SA

StubHub Inc.

Sumitomo Pharma Co. Ltd.

Swissport International Ltd.

Tesla Inc.

Teva Pharmaceutical Industries Ltd.

The District of Columbia Bar

The New York Times Co.

The Walt Disney Co.

TotalEnergies SE

U.S. Anesthesia Partners

U.S. Chamber of Commerce

University of Virginia

Walmart Inc.

Wells Fargo & Co.

Welsh Carson Anderson & Stowe

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Competition and Markets Authority

European Commission

European Union

Federal Bureau of Investigation

Federal Trade Commission

National Labor Relations Board

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Health and Human Services

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of New Jersey

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Middle District of Pennsylvania

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Louisiana

U.S. District Court for the Western District of Washington

U.S. Environmental Protection Agency

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the Southern District of Georgia

World Health Organization