News Formal

Live Nation Exec Says the “Fundamental” Business Model Is Not Being Questioned In DOJ Investigation

  • 📰 THR
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Live Nation President and CFO Joe Berchtold said the company's business model “is both pro-competitive and pro-consumer.”

, saying that he believes the DOJ is investigating certain business practices at the company, rather than the merged company itself.

“Our fundamental business model is not really being questioned,” Berchtold said Tuesday, adding that this is his opinion based on what he’s heard. Speaking at Goldman Sach’s Communacopia and Technology Conference, Berchtold said he believes the DOJ is looking into certain components that make up the business, such as exclusivity on venues, all-in pricing and selling tickets on the secondary market. This came amid

that the DOJ is conducting an antitrust investigation into whether Live Nation, as well as its acquisition of Ticketmaster, had a monopoly over the industry.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 411. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

NBCUniversal Names Hello Sunshine Exec Liz Jenkins as Chief Business Officer for Studio GroupEntertainment executive Liz Jenkins has been named to the newly created role of chief business officer for the NBCUniversal Studio Group. The former COO of Reese Witherspoon’s Hello Sunshine …
مصدر: Variety - 🏆 108. / 63 اقرأ أكثر »