The Department of Justice brought several challenges involving mergers and acquisitions, including the conditional approval of the combination of the nation’s largest ticketing company with the leading concert promoter, subject to divestitures and restrictions on future conduct by the merged firm; the imposition of substantial fines for a buyer’s premature review and approval of ordinary course procurement contracts; and the unwinding of a completed acquisition of dairy processing operations in Wisconsin.
Other recent antitrust developments of note included a decision by a district court that claims of a conspiracy by broker-dealers to withdraw support for auction rate securities were barred under the implied preclusion doctrine due to a conflict with securities regulations.
Ticketing and Promotion
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