Texas Attorney General Ken Paxton has teamed up with liberal New York AG Letitia James to reject a settlement negotiated by the Trump administration over Live Nation’s alleged antitrust violations. While President Trump’s settlement was widely recognized for preserving a lighter-touch regulatory framework, Paxton appears eager to return to the aggressive antitrust enforcement of the Biden years — a period marked by the across-the-board targeting of American businesses arbitrarily deemed "too big." From an economic standpoint, Paxton’s new alliance should be viewed as disconcerting.
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