Ari Emanuel, Endeavor, left the Live Nation board after a complaint, the US said

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The U.S. Department of Justice said Monday that Endeavor chief executive Ari Emanuel and Mark Shapiro, president of the entertainment industry, had resigned from Live Nation after expressing concern over the size of the two companies.
The Department of Justice, which has been a thorough review of Biden, He said On Monday that Endeavor and Live Nation competed in the gaming and entertainment markets. Both companies sell tickets and do not qualify for safe ports.
“This tolerance guarantees that Endeavor and Live Nation can compete independently,” said Richard Powers, assistant attorney for the justice department.
“Leaders are not allowed to hold positions in competing companies. This section will ensure that all antitrust laws ensure that all companies compete in all respects. ”
On June 3, Live Nation He said Emanuel left his organization, but did not feel pressured by the Justice Department. Mr Shapiro was re-elected to the council earlier this month and was elected a member of Live Nation’s web page from Monday.
Live Nation, an event promoter who owns the Ticketmaster tower, declined to comment. Beverly Hills-Endeavor did not immediately respond to a request for comment.
Try it He went public in April. The company was founded by Emanuel in 1995 as a talented organization and acquired a colleague William Morris Agency, including the Ultimate Fighting Championship as well as the prestigious Miss Universe pageant.
Live Nation, which fought the epidemic, stability and the Department of Justice in 2019 on security issues. The DoJ was investigating Live Nation amid allegations that it had tried to force the media site to use its Ticketmaster pages on other platforms.
Biden’s leaders have indicated that they have taken a firm stand in setting up security agencies.
Biden arrested 32-year-old Lina Khan, an adversary of modern corporations, to lead the Federal Trade Commission. Tim Wu, Big Tech’s main rival, to join The White House in March as a consultant on the competition, a move that announced in Silicon Valley that Biden hopes to establish America’s most important companies.
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