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Justice Department and Live Nation reach settlement over illegal monopoly case, per reports
The Justice Department has reached a settlement in its antitrust lawsuit against Live Nation Entertainment and its subsidiary Ticketmaster, addressing allegations of an illegal monopoly over live events. This action follows years of public criticism regarding Ticketmaster’s high fees and technical issues, highlighted by incidents like the Taylor Swift Eras Tour ticket sales. The lawsuit, filed in 2024 by the Biden administration, accused Live Nation of using various tactics, including long-term contracts and threats, to stifle competition and control the market.