US DOJ, Live Nation reach settlement over illegal monopoly case

Source: Associated Press

“The Justice Department said Monday it has tentatively settled its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, striking a deal to ultimately lower ticket prices for consumers and end an illegal monopoly over live events in America. But some states signaled they won’t join the deal and will continue an ongoing trial. … Live Nation would pay a $280 million [bribe] and divest itself of at least 13 amphitheaters nationwide while opening its ticketing processes so competitors can share in the sale of tickets, the official said, adding that at least 10 states were expected to join the deal.” (03/09/26)

https://apnews.com/article/livenation-antitrust-justice-department-0a6ef66f497e5f626096de753bfff8ce