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Ranking Member Mr. Nadler criticizes DOJ's Live Nation settlement, urges antitrust oversight
Summary
Ranking Member Mr. Nadler opened the House Judiciary Committee hearing with a wide-ranging critique of federal antitrust enforcement, accused the Justice Department of favoring industry in a settlement with Live Nation/Ticketmaster and said a maritime shipping hearing does not address an urgent affordability crisis affecting Americans.
Ranking Member Mr. Nadler opened the House Judiciary Committee hearing with a broad critique of federal antitrust enforcement and recent trade and energy developments that he said are driving up costs for American families.
Mr. Nadler said the committee's scheduled examination of maritime shipping rules "does not exactly meet the moment" amid what he described as an affordability crisis. He listed several cost pressures, saying staple grocery prices had risen more than 3% over the past year, utilities were up about 12% year over year, and health insurance premiums had increased after certain subsidies expired.
He connected rising gasoline prices to recent U.S. policy toward Iran, saying that developments had…
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