By Colleen Murphy | May 28, 2024
"The schools are going to be incentivized to pay players for sports that are particularly lucrative, like football and basketball," Jason W. Gordon, a partner with Reed Smith, said. "But how do they address parity and compliance with Title IX? The schools have to work that out and figure out a model that will attract the top talent while also complying with the law."
By Jane Wester | May 24, 2024
Plaintiffs' attorneys Israel David LLC and Robbins Geller Rudman & Dowd argued that Ticketmaster, a wholly owned subsidiary of Live Nation, has "monopoly power" over access to major concerts in the United States.
By Colleen Murphy | May 24, 2024
"We have been marching down this long legal road seeking economic justice in college sports for more than a decade, but the time to bring a fair compensation system to college athletes has finally arrived," said Jeffrey L. Kessler, the co-executive chairman of Winston & Strawn.
By Sulaiman Abdur-Rahman | May 24, 2024
Meanwhile Live Nation is expressing confidence that the antitrust monopoly lawsuit filed in Manhattan will be turned back.
By Chris O'Malley | May 24, 2024
"We've heard significant concerns about how rollup strategies may have been used to consolidate market power across an array of sectors, from housing to defense to cybersecurity," FTC Chair Lina Khan said.
By Kat Black | May 24, 2024
CoStar Group and six luxury hotel chains have filed a motion to dismiss a proposed antitrust class action that claimed defendants colluded to hike hotel room prices through the shared use of data analytics.
By Sulaiman Abdur-Rahman | May 23, 2024
The U.S. Department of Justice and multiple states have filed a federal antitrust lawsuit against Live Nation and its wholly owned subsidiary Ticketmaster seeking to halt Live Nation from engaging in alleged anti-competitive practices.
By Sulaiman Abdur Rahman | May 23, 2024
The Cravath team is led by partner David Marriott and includes partner Jesse Weiss.
By Maydeen Merino | May 22, 2024
"It is possible that such a refusal to deal—especially if orchestrated through a group boycott—could violate U.S. antitrust laws," the senators wrote.
By Colleen Murphy | May 22, 2024
"There is a pressing need in New Jersey for dedicated resources and specialized expertise for antitrust issues, which are becoming increasingly complex," Attorney General Matthew J. Platkin said. "As the attorney general, I have the critical obligation to protect consumers and workers from the problems that result from unchecked monopolies and oligopolies."
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