[governance] Proposed Judgment: Ticketmaster / Live Nation ordered to divest TIcketmaster Host Platform & Paciolan

[Paul Lehto]

The US government proposed today a Final Judgment for review and
approval by the federal judge in the antitrust case against
Ticketmaster and LiveNation, involving control of North American
ticket sales via sales primarily accomplished via the internet.  The
proposed Judgment, already agreed to by the parties to the case but to
come before the judge for review in terms of compliance with the
public interest, requires Ticketmaster and LiveNation to divest
themselves, within 60 days, of a license to operate the Ticketmaster
Host Platform software (including source code) in any manner the
Acquirer sees fit, as well as Paciolan, Inc, in its entirety.

The proposed order provides in part: "Defendants are ordered and
directed, concurrently with the closing of the Merger, to enter into a
Letter of Intent to divest Paciolan to Comcast-Spectacor in a manner
consistent with this Final Judgment. Within sixty (60) calendar days
of closing the Merger, Defendants shall complete the divestiture of
Paciolan in a manner consistent with this Final Judgment to
Comcast-Spectacor or an alternative Acquirer acceptable to the United
States, in its sole discretion, after consultation with Plaintiff
States."

The entire proposed judgment can be viewed at
http://www.justice.gov/atr/cases/f260100/260171.htm

Paul Lehto, Juris Doctor
____________________________________________________________
You received this message as a subscriber on the list:
     governance at lists.cpsr.org
To be removed from the list, send any message to:
     governance-unsubscribe at lists.cpsr.org

For all list information and functions, see:
     http://lists.cpsr.org/lists/info/governance

Translate this email: http://translate.google.com/translate_t