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Communication Services Shares Rise Amid Economic Optimism -- Communication Services Roundup

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01/09/2020 | 06:23pm EST

Communications-services companies rose.

Justice Department antitrust enforcers submitted a court filing that detailed instances in which they said Live Nation Entertainment strong-armed venues into using Ticketmaster, in what would amount to violations of an agreement that allowed the concert giant to merge with the ticketing service 10 years ago.

Verizon Communications is eliminating traditional cable bundles and the handcuffs that often came with them, making it easier for households to switch video packages in the hopes they won't cut the cord entirely.

In a break with other tech companies, Facebook said it wouldn't limit how political ads are targeted to potential voters but would instead give users tools to see fewer of those ads on its platforms.

Write to Amy Pessetto at amy.pessetto@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK 0.49% 214.18 Delayed Quote.4.35%
VERIZON COMMUNICATIONS -0.24% 58.51 Delayed Quote.-4.71%
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