Source: New York Post
The Justice Department said Monday that it has tentatively settled its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, striking a deal to ultimately lower ticket prices for consumers and end an illegal monopoly over live events in America. But some states signaled they won’t join the deal and will continue an ongoing trial. The announcement by the Justice Department at the start of the trial in federal court in Manhattan was greeted angrily by Judge Arun Subramanian, who said no one informed him of the tentative deal until late Sunday even though a term sheet for a possible settlement was signed on Thursday.
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