Tag

Monopoly

All articles tagged with #monopoly

business6 days ago•3 min saved

Live Nation's ticket demand stays strong as antitrust suit looms

Live Nation posted 2025 revenue of $25.2 billion and a more than 50% jump in operating profit, driven by high live-music demand and big tours (e.g., Bruno Mars, Harry Styles), with 159 million fans attending last year. Early 2026 ticket sales are robust (about 67 million), signaling another year of double-digit operating income, even as the company faces a US Department of Justice monopoly lawsuit that could reshape the live-music industry amid ongoing scrutiny of high fees.

via BBC|

#business #doj-antitrust #live-nation

antitrust1 month ago•49 min saved

Google fights to pause remedies after antitrust ruling

Google is appealing a federal court’s finding that it maintains an illegal online search monopoly and is asking to pause court-ordered remedies meant to restore competition, arguing the measures could threaten privacy and curb innovation while the DOJ lawsuit proceeds.

via The Verge|

#antitrust #doj #google

local-news2 months ago•1 min saved

Uber plans to resume operations in Southend after seven-year ban

Uber is seeking drivers in Southend after the city lifted a seven-year ban, granting it a five-year private hire operator's licence with strict safety conditions. While Uber aims to offer affordable transport and new earning opportunities, local taxi firms are concerned about potential monopolistic practices and price competition. The move is expected to increase ride options for residents and visitors, with Uber emphasizing safety and compliance measures.

via BBC|

#drivers #licence #local-news

business2 months ago•2 min saved

Congressman Pat Ryan Calls for FTC Probe into Collectors Holdings' Card Grading Acquisitions

Congressman Pat Ryan has called for an FTC investigation into Collectors Holdings' aggressive acquisitions of major trading card grading companies, which has resulted in over 80% market share and raised concerns about monopolistic practices, conflicts of interest, and barriers to entry in the industry.

via House.gov|

#business #collectors-holdings #ftc-investigation

world2 months ago•4 min saved

NASCAR Antitrust Trial: Key Witnesses and Financial Concerns

NASCAR is facing an antitrust lawsuit from 23XI Racing and Front Row Motorsports, accusing the series of monopolistic practices and unfair negotiations over charter agreements, with high-profile owners like Michael Jordan and Denny Hamlin involved. The trial reveals tensions over revenue sharing, exclusivity clauses, and governance, highlighting concerns about NASCAR's market dominance and its impact on teams.

via AP News|

#antitrust #charter-agreement #lawsuit

sports2 months ago•5 min saved

NASCAR Antitrust Trial Begins: Key Witnesses and Cases Unfold

Denny Hamlin, testifying at a landmark NASCAR antitrust trial, became emotional as he described the financial struggles of racing teams and accused NASCAR of monopolistic practices that favor the France family, potentially threatening the future of teams like 23XI Racing and Front Row Motorsports.

via NBC Sports|

#antitrust-trial #charter-system #denny-hamlin

technology3 months ago•1 min saved

Majority of Developers View Steam as a Monopoly in PC Gaming

A survey of 306 industry executives reveals that 72% believe Steam has a monopoly on the PC gaming market, with over 75% of their revenue coming from Steam sales, though many companies are planning to diversify their sales channels in the future.

via GameSpot|

#game-distribution #industry-survey #monopoly

technology3 months ago•2 min saved

Majority of Developers View Steam as a Monopoly on PC Game Distribution

A study by Rokky reveals that 72% of developers believe Steam has a monopoly on the PC games market, with most studios relying heavily on it for revenue, though many are diversifying to other platforms like Epic Games Store and GOG, and expect to increase their use of alternative channels in the future.

via GamesIndustry.biz|

#developers #game-distribution #monopoly

entertainment4 months ago•3 min saved

Top October Prime Day Board Game Deals: Up to 60% Off on Favorites

Last hours of October Prime Day offer significant discounts on popular board and card games, including up to 56% off on Monopoly and deals on games like Catan, Risk, and Exploding Kittens, making it a great time to purchase for family and friends.

via Tom's Guide|

#board-games #catan #discounts

technology4 months ago•1 min saved

Judge Prefers Settlement in Google Ad Tech Monopoly Case

Judge Leonie Brinkema, who ruled that Google illegally monopolized the ad tech market, is now faced with the complex task of determining how to restore competition, amid indications that a settlement may be preferable but unlikely at this stage.

via The Verge|

#ad-tech #antitrust #court-case

law4 months ago•5 min saved

U.S. v. Google: Court Recommends Settlement in Ad Tech Monopoly Case

The U.S. Justice Department and Google concluded a two-week hearing over Google's alleged monopoly in online advertising, with the government proposing a breakup of Google's ad exchange system and Google advocating for less drastic changes. The judge is expected to decide in the coming months, which could significantly impact Google's business practices.

via The New York Times|

#ad-tech #antitrust #court-case

technology4 months ago•1 min saved

Google Faces Legal Challenges Over Ad Tech Practices

Google is fighting a legal effort to break up its ad tech monopoly, with witnesses describing the process as extremely complex and comparing it to going to Mars, while the court remains uncertain about the outcome.

via The Verge|

#ad-tech #antitrust #breakup

business5 months ago•3 min saved

McDonald's Monopoly Game Returns with High-Tech Features and $1M Prize

McDonald's is reviving its Monopoly game with a digital twist to boost sales and loyalty, featuring app-based gameplay and physical food item scans, after a decade-long hiatus and a past scandal involving game rigging.

via CNN|

#business #digital-game #loyalty-program

business5 months ago•1 min saved

Legal Challenges Threaten Google's $3.1 Trillion Business

The article discusses a court case where the judge questions whether Google can be trusted to act in good faith regarding antitrust issues, especially in the ad tech market, and considers whether breaking up the company might be necessary to prevent monopolistic practices.

via The Verge|

#ad-tech #antitrust #business

technology5 months ago•3 min saved

Expert Warns of Imminent AI Industry Collapse and Financial Risks

Veteran investor Roger McNamee warns that the AI industry, heavily invested in large language models by major tech giants, is at risk of collapse due to economic and competitive pressures, potentially leading to a financial crisis for many players involved.

via Futurism|

#ai-industry #economic-risk #investment