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DOJ sues Live Nation & Ticketmaster for alleged monopolistic control. SEC approves 2nd-largest crypto-based ETF. Auto insurance hits a 50-year high. Moderna stock of the week, Lululemon dog of the week. Cicadas on menus, pizza capital debate: NY vs. CT.
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- New vehicle technology has led to a spike in post-crash repair costs, with a third attributed to sensor repairs.
- DOJ sues Live Nation over alleged illegal monopoly in concert industry, separating Ticketmaster.
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The Impact of High-Tech Cars on Car Insurance Costs
New vehicles with advanced technology like sensors and cameras have led to a sharp increase in post-crash repair costs, with over a third of these costs attributed to fixing sensors and cameras. Car repair companies note that this change is more significant in the past five years than in the last five decades, as these modern 'computers on wheels' require specialized and costly repair techniques.
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