Live Nation Antitrust Trial to Resume Monday as Company Fails to Reach Settlement With States
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The move comes days after the DOJ had settled with Live Nation during the middle of the trial earlier this week.
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Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment The antitrust trial against Live Nation is set to resume Monday, as the concert and ticketing giant failed to reach a settlement with a majority of the states that sued the company in tandem with the Department of Justice . Several states including Arkansas, Nebraska, South Dakota and Oklahoma did reach a settlement, according to documents filed in court Friday and to the news outlet Inner City Press, but over 30 more — including major live music markets California, New York and Texas — are pressing on. The move comes after the DOJ and Live Nation officially came to a settlement earlier this week during the middle of the ongoing trial. While the DOJ had originally called to break up Live Nation and Ticketmaster when the department first sued the company back in 2024, the settlement keeps Live Nation in tact, with more minor provisions that include Live Nation divesting exclusive booking agreements with 13 amphitheaters, a 15 percent fee cap at amphitheaters and as much as $280 million in damage payments. Related Stories Music Labrinth Says He's Done With the Industry: "F*** Columbia. Double F*** 'Euphoria'" Music Quincy Jones Estate Sells Rights to HarbourView The attorneys general for several individual states including New York and California voiced their disapproval of the settlement earlier this week, maintaining that they’d remain in litigation with Live Nation as they seek larger scale remedies. New York attorney general attorney general Letitia James said earlier this week that the settlement “fails to address the monopoly at the center of this case,” adding that “we will continue our lawsuit to protect consumers and restore fair competition to the live entertainment industry.” Many of the plaintiff states had moved for a mistrial ea...
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