reports that the company could purchase 50% of the radio giant.The Justice Department imposed no conditions on the purchase -- unlike, say, the Live Nation-Ticketmaster merger of 10 years ago, which disallowed the new company from retaliating against venues who work with a ticketing competitor.
Liberty, a cable conglomerate run by Colorado billionaire John Malone, also owns most of SiriusXM and Pandora and a third of Live Nation."The Department of Justice stands ready to fully enforce the antitrust laws should there be evidence of any conduct that would harm competition, including for music artists," says a Justice Department spokesperson.
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