Word: impact
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...antitrust concerns are twofold. First, there's the so-called horizontal impact, which refers to when a company buys out a rival to eliminate competition. In this case, the merger will stop Live Nation's recently launched ticketing company from cutting in on Ticketmaster's turf. Live Nation dumped its ticketing contract with Ticketmaster in January after signing a 10-year contract to license ticketing software from Europe's CTS Eventim to run its own ticketing business. The move took a toll on Ticketmaster, which saw its profits dive 78% in the first quarter, partly due to the lost Live...
...Second, there's the vertical impact, which refers to the company's expansion into all parts of the live-music industry, from managing artists to selling beer and hot dogs at venues. Rivals worry that the merged company's far-reaching and powerful tentacles will favor the company's own acts, venues and promotion company and shut out competing concert halls, managers and promoters. "They'll be the concert promoter, the ticketing company, the merchandise company, the agent, the manager - they'll be everything," said Jerry Mickelson, co-owner of concert promoter Jam Productions. "It would be one-stop shopping...
...findings underscore that 'nurture' can influence 'nature' during adolescence, a pivotal time when delaying the start of alcohol consumption and other risky behaviors can have a significant impact on healthy child development," said Kenneth R. Warren, acting director of the National Institute on Alcohol Abuse and Alcoholism, in a statement...
...compensation would have to come from the environment, and studies suggest that early intervention can have great impact. Researchers at the University of Georgia last month published a study of 641 adolescents, ages 11 to 16, some of whom carried the short allele form of the gene 5-HTTLPR - a genetic condition found in about 40% of the general population and long associated with low self-control, binge drinking and substance use. Half of the participants were randomly enrolled in drug prevention programs. After five years, those participants with 5-HTTLPR who were enrolled in a prevention program were...
...world was far from ready for a new flu virus. But in the early days of the H1N1 outbreak, he was full of praise for the WHO's quick reaction. Now, however, he thinks that the global body, perhaps under pressure from governments that are worried about the economic impact of a full pandemic declaration, may be abandoning science-backed decision-making. "The public reaction and the media should not drive the science," he says...