Harvard University's Board of Trustees will not allow 13 students who have taken part in pro-Palestinian protests to graduate. Harvard University has rejected a bid by faculty to award degrees to students who could face disciplinary action for participating in a protest camp. In related news, alumnus and hedge fund mogul Ken Griffin, who suspended financial support for the school over its handling of anti-Semitism on campus, told graduates that “differences of opinion have become intense.'' “We encourage everyone to have constructive discussions, even when the situation arises.”
The basis for the antitrust fight against Live Nation
The Times reports that the Justice Department and several states plan to file charges against Ticketmaster's parent company, Live Nation Entertainment, as early as Thursday. The antitrust investigation took more than a year, and complaints about the company's monopoly on ticket sales for live events continued for even longer.
According to the Times, the lawsuit is likely to focus on the following issues:
The government will allege in the lawsuit that Live Nation has consolidated its power through Ticketmaster's exclusive ticket sales agreements with concert venues and the company's control over other businesses, such as concert touring and venue management, the lawsuit says. This was said by two people familiar with the matter, who declined to be named as the matter is still private. That helped maintain the company's monopoly, raised prices and fees for consumers, limited innovation in the ticketing industry and hurt competition, officials said.
Tours promoted by the company are likely to perform at venues where Ticketmaster provides exclusive ticketing services, one of the people said, while Live Nation artists are likely to perform at venues owned by the company. the government will argue.
Bloomberg News, which first reported the timing of the lawsuit, added that the Justice Department may seek to break up the company, which was created in 2010 when Live Nation and Ticketmaster merged.
Live Nation has been trying to avoid such lawsuits for some time; The company denies setting high fees or commissions and argues that competition is growing. Last year, it agreed to be more transparent about the fees it adds to ticket sales, joining the Biden administration's fight against so-called junk fees.
Last month, Live Nation co-hosted a party in Washington ahead of the White House Correspondents Association's annual dinner to make its case. Attendees heard country singer Jelly Roll sing and were greeted with cocktail napkins promoting positive facts about the company's positive impact on the economy.