Live Nation, Ticketmaster antitrust lawsuit
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It was going to be a tough time to deliver tickets or concerts with a new competitor in town,” the Live Nation CEO said.
The DOJ and Live Nation agreed to a tentative settlement, but dozens of State Attorneys General don't want to drop the lawsuit.
The case, brought under President Joe Biden’s Democratic administration in 2024, accused Live Nation of using threats, retaliation and other tactics to “suffocate the competition” by controlling virtually every aspect of the industry, from concert promotion to ticketing.
The Justice Department settled with the entertainment conglomerate Live Nation this week to end a lawsuit that should never have been brought. It’s unclear whether consumers will be any better off after this lengthy legal fight, but that’s nothing new ...