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Antitrust suit against Clear Channel concert division to go to trial.
Knight Ridder/Tribune Business News, August, 2004
By L.A. Lorek, San Antonio Express-News Knight Ridder/Tribune Business News
Aug. 28--An antitrust lawsuit against Clear Channel Entertainment is set to go to trial in Chicago.
The suit accuses the Houston-based concert promoter, which is a subsidiary of San Antonio's Clear Channel Communications, of using monopolistic practices to win over a lucrative contract promoting dirt-track motorcycle racing.
In a 46-page opinion, U.S. District Judge Matthew Kennelly wrote that enough evidence exists for an antitrust lawsuit against Clear Channel Entertainment to proceed.
Kennelly set a trial date for Nov. 15.
Clear Channel Entertainment is one of the world's largest live event producers and promoters, with 135 live...
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