The Trump administration agreed to stop pursuing a breakup of Live Nation and Ticketmaster as part of a settlement that blindsided state attorneys general in the middle of a trial. Attorneys general from 27 states and the District of Columbia are continuing to pursue the case without the US government, at least for now.
The US Department of Justice and most US states sued Live Nation and its Ticketmaster subsidiary in 2024, during the Biden administration. The lawsuit alleged that Live Nation has a monopoly on “the delivery of nearly all live music in America today,” and asked a federal court to order the divestiture of Ticketmaster.
The case went to trial, and testimony began last week in US District Court for the Southern District of New York. But the US and Live Nation informed the court of a proposed settlement on March 8, taking state attorneys general by surprise. The judge presiding over the case reportedly said in court today that the way the settlement was announced “is absolutely unacceptable.”
Â
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.
