Ticketmaster in its Antitrust Era

This week, Eric, Dan, and David discuss the Department of Justice’s antitrust lawsuit against Live Nation/Ticketmaster. Is there anything the federal government can do to appease unhappy Taylor Swift fans who couldn’t get tickets to the Eras Tour? And, more importantly, is Live Nation literally a monopoly? Next, the United States’ trade deficit surged by 9% in April. Does it matter? How concerned should we be with the balance of trade between the United States and the rest of the world? And finally, the guys break down the election results in India and Europe. Are we all in our populist era?

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U.S. Calls for Breakup of Ticketmaster Owner | New York Times 

The Myth of the Robber Barons: A New Look at the Rise of Big Business in America | Burton W. Folsom

Trade deficit jumps to 18-month high, but rise in imports is ‘good news’ for economy | Marketwatch

Trade Deficits: Accounting Masquerading as Economics | David Hebert, AIER

Relying on coalition partners, Modi is sworn in for a rare third term as India’s prime minister | Associated Press

Far-right gains in the EU election deal stunning defeats to France’s Macron and Germany’s Scholz | Associated Press

Image Credit: ASSOCIATED PRESS