Antitrust enforcement is the bulwark to a competitive market. Unfortunately, over the past several years, there has been very little merger enforcement exerted by the Department of Justice. In fact, the DOJ has not tried a merger case for over five years.
At this point, the DOJ is facing its first significant antitrust test: will it permit the Ticketmaster/Live Nation merger with some modest restructuring, or will it go to court to block the merger?
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