Live Nation Rules Music Ticketing, Some Say with Threats

Supported by Live Nation Rules Music Ticketing, Some Say with Threats Photo Live Nation promotes 30,000 concerts around the world each year, including recent tours by artists like Jay-Z and Janet Jackson, in which it played a role. Credit Photos, via Getty Images In 2010, when the Justice Department allowed the two most dominant companies in the live music business — Live Nation and Ticketmaster — to merge, many greeted the news with dread.
Live Nation was already the world’s biggest concert promoter. Ticketmaster had for years been the leading ticket provider. Critics warned that the merger would create an industry monolith, one capable of crippling competitors in the ticketing business.
Federal officials tried to reassure the skeptics. They pointed to a consent decree, or legal settlement, they had negotiated as part of the merger approval. Its terms were strict, they said: it would boost competition and block monopolistic behavior by the new, larger Live Nation.
“There will be ..

Facebook and Google are becoming too big to be governed, French president Macron warns

'At a point of time, your government, your people, may say, ‘wake up’'
Emmanuel Macron, the French president, has warned that Google and Facebook are becoming too big to be governed and could face being dismantled.
Internet giants could be forced to pay for the disruption they cause in society and submit to French or European privacy regulations, he suggested.
In an interview with the magazine Wired, the president warned that artificial intelligence (AI) would challenge democracy and open a Pandora’s box of privacy issues.
Read more Why everything you've heard about AI is untrue Artificially intelligent bots could threaten the world, say experts Don’t bother trying to quit Facebook – you're in too deep already Tech giants call for clarity on data following Facebook breach He was speaking after announcing a €1.5bn (£1.32bn) investment in artificial intelligence research to accelerate innovation and catch up with China and the US.
Mr Macron said companies such..

If we're going Dutch on takeovers please can we first plan the route?

City talk is of having an open, post-Brexit economy. So shouldn’t we be changing our approach to takeovers too?
Blimey. I had no idea. I simply did not realise that GKN was so vital to the interests of national security. There I was, supposing it was a car parts manufacturer with a bit of aerospace thrown in, and yes, a weeny slice of defence. And an underperforming, uninspiring amalgam at that. Then, along comes a bidder, Melrose, and flags are raised, and the national anthem sung. Melrose is portrayed in some sections of the media as a “vulture” and “asset stripper”, while GKN is hailed as a “British colossus”. GKN, didn’t you know, once made Spitfires (well, a small portion but not all, but hey ho), and the barricades must be manned. This, despite the reality that Melrose is itself British.
Unions and politicians get drawn into the conflict, pronouncing sonorously that GKN must be saved at all costs. To no avail, as some major investors indicate they are siding with Melrose. Then..