Congress Sucker Punched Antitrust Enforcement Behind Closed Doors

Now, advocates are scrambling to fix it.

Ticketmaster
Funding changes imperil “the viability of future cases, including that which might stem from the reported investigation into anticompetitive behavior by Live Nation-Ticketmaster.” Andrew Harnik/AP

President Joe Biden convened two dozen top officials at the White House last week to strategize on how to strengthen competition in the market.

“Capitalism without competition is not capitalism, it’s exploitation,” the president said. “And we’re taking it on.”

Days later, he signed a bill undercutting that message.