Colorado and other states continue suit to break up Live Nation and Ticketmaster
Add Axios as your preferred source to
see more of our stories on Google.
Colorado Attorney General Phil Weiser is joining other state attorneys general in moving aggressively to sue corporate giants in an attempt to fill a void they argue is being left by federal antitrust regulators.
Why it matters: Recent examples show states can be effective in blocking big mergers, especially when they band together.
Driving the news: As we reported yesterday, Weiser is continuing to push for a Live Nation-Ticketmaster split, after the Justice Department on Monday said it settled the case for $280 million.
- And he's not alone: A bipartisan group is requesting a mistrial so they can bypass the settlement.
What they're saying: "Colorado is willing and able to stand with other states to continue litigating this case without the federal government so that we can hold Live Nation accountable in court and secure appropriate relief in this case," Weiser said in a statement.