Ari Emanuel Mark Shapiro president Department Music Ari Emanuel Mark Shapiro

Endeavor’s Ari Emanuel, Mark Shapiro Resign From Live Nation Board Amid DOJ Antitrust Concerns

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Endeavor Group Holdings’ CEO Ari Emanuel and president Mark Shapiro have resigned from Live Nation’s board of directors after the Justice Department expressed antitrust concerns.The DOJ suggested that their positions on the board created an “interlocking directorate,” where one person serves as an officer of director of two companies.In a statement, Richard A.

Powers, acting assistant attorney general, said, “These resignations ensure that Endeavor and Live Nation will compete independently,.

Executives are not permitted to hold board positions on companies that compete with each other. The division will enforce the antitrust laws to make sure that all companies compete on the merits.”The DOJ noted that both Live Nation and Endeavor have

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