Rock concert, cheering crowd in front of bright colorful stage lights, Hands up with pleasure from the show

Ticketmaster’s Cruel Summer – the potential implications of a DOJ lawsuit against the ticketing platform and why concert fans may not be out of the woods yet.

Ticketmaster’s Cruel Summer – the potential implications of a DOJ lawsuit against the ticketing platform and why concert fans may not be out of the woods yet.

May 16, 2024

Ticketmaster’s Cruel Summer – the potential implications of a DOJ lawsuit against the ticketing platform and why concert fans may not be out of the woods yet.

By: Abbey Block

It looks like it could be a “cruel summer” for the country’s largest concert promoter, Live Nation Entertainment and its subsidiary ticketing platform, Ticketmaster. In early April, the Wall Street Journal reported that the Department of Justice was preparing to file a lawsuit against the promoter, alleging that the company used its monopoly over the industry to prevent competition, harming consumers in the process. Indeed it is hard to deny that Live Nation and Ticketmaster dominate the live event ticketing industry given that they control about 70 percent of the market for ticketing and live events. The lawsuit comes on the heels of an investigation by the Department of Justice into Ticketmaster and its parent company, Live Nation Entertainment. The…

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The FTC Kills Noncompetes

April 30, 2024

The FTC Kills Noncompetes

By: George Calhoun

In a groundbreaking move that will reshape the workplace and many litigation practices nationwide, the FTC has issued a final rule that effectively bans all employee non-compete clauses.  Approximately 30 million Americans currently work under a non-compete clause.  All but a few applicable to senior executives will be void upon the effective date of the rule. After the rule is effective, no new non-compete clauses…

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Ad-Tech Europe: The Moving Target Marking Targeted Advertising

April 26, 2024

Ad-Tech Europe: The Moving Target Marking Targeted Advertising

By: Nicole Kardell

The European Data Protection Board (“EDPB”) recently published an opinion on the legality of pay-or-consent models for online platforms offering services in Europe.  While the opinion is non-binding and limited to “large online platforms[1],” companies that offer platforms large and small in Europe should pay attention to the EDPB’s analysis—it will inform their future guidance for entities large and small. The upshot: Pay-or-consent models [for…

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The Data Breach Legal Limbo on Consumers’ Ability to Sue Hacked Companies

January 16, 2018

The Data Breach Legal Limbo on Consumers’ Ability to Sue Hacked Companies

By: Nicole Kardell

The first of the year is a good time to make assessments, resolutions and predictions. We have some recommendations for companies that store and process consumer data: It is a good time to assess the strength of your data security measures and resolve to meet industry standards where you fall behind, because we predict continued pressure on companies to reduce the risk of data breaches…

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Will Big Cyber Hacks Cause the SEC to Issue New Guidelines?

January 11, 2018

Will Big Cyber Hacks Cause the SEC to Issue New Guidelines?

By: Ifrah Law

Following a change of heart from a top Securities and Exchange Commission regulator, public companies will likely soon face new guidelines for how they report cybersecurity breaches to investors. SEC Corporate Finance Division Director Bill Hinman was quoted as saying that when Chairman Jay Clayton first asked him if the existing SEC guidance needed to be refreshed, he did not think so. Hinman changed his…

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The Risks of Cryptocurrency and How the Government Will Protect Consumers

November 30, 2017

The Risks of Cryptocurrency and How the Government Will Protect Consumers

By: Steven Eichorn

Bitcoin and a host of cryptocurrencies have taken both Wall Street and Main Street by storm in 2017.  The nearly continuous gains in the price of Bitcoin have spawned numerous imitators and led a number of companies to raise critical start-up funds by selling their own token/cryptocurrency in a process similar to an initial public offering (IPO): the initial coin offering (ICO). Raising funds via…

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CFTC Regulated Markets May Give Bitcoin the Stability It Needs

November 28, 2017

CFTC Regulated Markets May Give Bitcoin the Stability It Needs

By: Ifrah Law

The unregulated nature of virtual currencies like Bitcoin plays a big role in their appeal. However, wild swings in prices in addition to the perception that these markets are subject to manipulation, make it difficult—if not impossible—for the average person to rely heavily on Bitcoin and other virtual currencies as a currency, much less as an investment vehicle. Ironically, some degree of rational regulation may…

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SEC and FTC Warn Celebrities Must Disclose Financial Connection For ICO Endorsements

November 27, 2017

SEC and FTC Warn Celebrities Must Disclose Financial Connection For ICO Endorsements

By: Ifrah Law

Cryptocurrency is the latest trend to be embraced by celebrities, so much so that the federal government this month issued a warning about the possible risks involved.  Both the U.S. Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC) have made clear that if a celebrity is being paid to promote a product on social media, the financial connection between the endorser and…

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Articles and Presentations by Our Firm Attorneys

Ticketmaster’s Cruel Summer – the potential implications of a DOJ lawsuit against the ticketing platform and why concert fans may not be out of the woods yet.

Ticketmaster’s Cruel Summer – the potential implications of a DOJ lawsuit against the ticketing platform and why concert fans may not be out of the woods yet.
By: Abbey Block

The FTC Kills Noncompetes

The FTC Kills Noncompetes
By: George Calhoun

Ad-Tech Europe: The Moving Target Marking Targeted Advertising

Ad-Tech Europe: The Moving Target Marking Targeted Advertising
By: Nicole Kardell

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