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Taylor Swift, LiveNation and Anti-trust with Philip Giordano

Welcome to the Hughes Hubbard Anti-Corruption and Internal Investigations Practice Group’s Podcast, All Things Investigations. In this podcast, host Tom Fox and returning guest Philip Giordano of the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group highlight some of the key legal issues in white-collar investigations, locally and internationally.

Phillip Giordano is a partner in the Hughes Hubbard Antitrust Group, focusing on a variety of national and international antitrust matters, including complex criminal antitrust investigations and litigation, civil non-merger government investigations, and mergers and acquisitions. Philip also personally practices in the area of criminal defense.

Key areas we discuss in this podcast:

  • LiveNation and Ticketmaster have been on the DOJ’s radar for quite some time.
  • Defining vertical and horizontal integration.
  • Why the DOJ was concerned about the primary ticketing market.
  • Ticketmaster has been criticized for raising ticket prices after the website crashed due to high demand. There was an outcry because before it crashed, Ticketmaster’s algorithms raised ticket prices to four or five figures.
  • Analyzing a concentrated market.
  • Surge pricing in one market can help the market function competitively in another market.

Resources

Hughes Hubbard & Reed website 

Philip Giordano on LinkedIn

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