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from the giant-heaping-pile-of-bullshit dept
Last election season, you might recall how the Trump campaign lied to everyone repeatedly about how his second administration would “rein in big tech,” and be a natural extension of the Lina Khan antitrust movement. As we noted at the time, that was always an obvious fake populist lie, but it was propped up anyway by a lazy press and a long line of useful idiots (including some purported “antitrust experts“.)
This last year has truly revealed the con: Trump not only has demolished regulatory independence, media consolidation rules, and consumer protection standards, he’s rubber stamped every shitty merger his administration has come into contact with (provided companies promise to be more racist), and fired the few Republicans in his administration that even vaguely cared about antitrust.
Trump’s latest betrayal to the the MAGA antitrust movement (that never really existed outside the skulls of rubes) is his DOJ’s surprise blindsiding of states by striking a pathetic settlement with Ticketmaster that doesn’t really fix the actual problem: monopoly.
The Biden DOJ and most US states sued Live Nation and its Ticketmaster subsidiary back in 2024, alleging that Live Nation has a monopoly on “the delivery of nearly all live music in America today.”
But while a new Trump settlement with the company requires $280 million in civil penalties and a 15% cap on service fees for people who want to use their amphitheaters, it backs off any attempt to pursue a break up of Live Nation and Ticketmaster, the one move that would actually (more permanently) help protect consumers, artists, and the live music market from predatory behavior.
The Trump DOJ and pedophile protector Pam Bondi struck the deal behind closed doors and didn’t bother to tell any of the 27 states (including many Republican ones) currently fighting Ticketmaster in court. It’s another win for Bondi loyalists (whose function is to blindly serve our mad idiot king) and the final middle finger to Gail Slater and Mark Hamer types that at least sometimes cared about antitrust.
States are, you may be unsurprised to learn, pissed off and planning to continue the fight alone, though they say the Trump DOJ has caused potentially irreparable harm:
“The case went to trial, and testimony began last week in US District Court for the Southern District of New York. But the US and Live Nation informed the court of a proposed settlement on March 8, taking state attorneys general by surprise. The judge presiding over the case reportedly said in court today that the way the settlement was announced “is absolutely unacceptable.
States reserving the right to continue litigation filed a motion for mistrial, saying they need time to prepare for a new trial and evaluate the terms of the settlement between the US and Live Nation. The “sudden disappearance” of the US from the case will likely give the jury the incorrect impression that Live Nation’s “antitrust violations have been cured or resolved, or that Proceeding Plaintiff States’ claims lack merit,” the states said.”
This was always going to be the outcome. There were constant signs. Trump is an autocrat, fascist, and opportunist who believes in nothing beyond his own pursuit of power and wealth. The corruption and autocracy was always going to dominate any serious Republican interest in antitrust (which, let’s be honest, even among Gail Slater types was historically inconsistent at best).
The MAGA base belief in this line of bullshit was one thing, but Trump’s antitrust bona fides were also propped up by folks like purported progressive antitrust expert Matt Stoller, who praised guys like JD Vance and Josh Hawley for being serious anti-corporatists, when the entire thing was always a con designed to give phony populist credibility to autocrats who never had to actually earn it.
The U.S. press also played a giant role here. They spent years propping up Trump’s false claims he “wanted to rein in big tech,” when what the authoritarians really wanted was to abuse government power to scare (quite successfully as it turned out) tech companies away from doing even the most basic content moderation of right wing race-baiting propaganda online.
Now, unsurprisingly, here we are, staring down the barrel of democracy demolishing authoritarianism, with unchecked corporate power in full alignment with the effort.
Filed Under: antitrust, concerts, consolidation, donald trump, gail slater, maga, matt stoller, monopoly
Companies: live nation, ticketmaster
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