Last mentioned: 2d ago
Trial Resumes
Proceedings continue after 7 states reach a settlement on specific claims.
Settlement Announced
A tentative agreement is reached to settle charges without a company breakup.
Trial Begins
The antitrust trial commences in New York federal court.
Antitrust Lawsuit Filed
DOJ and 30 states file a massive lawsuit to break up the company.
DOJ Complaint
The Justice Department files a lawsuit seeking to break up the Live Nation-Ticketmaster monopoly.
Decree Extended
DOJ finds violations; agreement is modified and extended to 2025.
Merger Approved
DOJ approves Live Nation-Ticketmaster merger with a 10-year consent decree.
Merger Approved
Live Nation and Ticketmaster merge despite significant antitrust concerns.
The high-stakes antitrust trial against Live Nation and Ticketmaster is set to resume following a settlement involving seven states and the Department of Justice. This development marks a pivotal moment in the government's effort to dismantle the alleged live entertainment monopoly and restore competition to the primary ticketing market.
Live Nation and the U.S. Department of Justice have reached a tentative settlement to resolve monopoly charges, avoiding a forced breakup of the entertainment giant. While the deal introduces new flexibility for venues with over 8,000 seats, critics and more than two dozen states argue the remedies are insufficient to lower ticket prices.