Seeking to support embattled American consumers and workers against concentrated corporate power, President Joe Biden's administration has taken a record number of antitrust actions to prevent a few large companies from dominating their respective markets. That stands in stark contrast to his 2024 opponent, former President Donald Trump, who has sought to portray himself as an advocate for regular people but who, in office, used anti-monopoly rhetoric as cover for personal and political vendettas — while letting favored corporations off the hook.
In May, Biden’s Department of Justice sued Live Nation, the high-on-the-hog group behind Ticketmaster and its allegedly deceptive sales practices, accusing the company of relying on "unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry." The move by the Biden administration is one of the latest in an unprecedented string of federal lawsuits against companies, blocking of mergers and opening of antitrust probes, all spearheaded by Federal Trade Commission Chair Lina Khan and DOJ's antitrust chief Jonathan Kanter.
