The Daily Deal Quotes Partner Richard E. Donovan on Ticketmaster-Live Nation Merger
January 25, 2010
Partner Richard E. Donovan was quoted in The Daily Deal article, “Justice Department Approves Live Nation Buy.” The article discussed the Department of Justice’s antitrust approval of the merger between Ticketmaster Entertainment Inc. and Live Nation Inc. Mr. Donovan noted the crux of the settlement focused on Ticketmaster’s future conduct and how the DOJ would monitor the company in the future. He distinguished the settlement from an outcome had the DOJ gone to trial and prevailed and said, “‘But if the antitrust division had won at trial, they would have stopped the merger.’”