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Bad news for skyrocketing ticket prices: Live Nation could catch break from Trump admin
A report from Semafor indicates that Live Nation may avoid a major antitrust trial with the federal government through a settlement negotiated with the Trump administration officials, despite objections from the Justice Department’s Antitrust Division. This potential settlement, amidst growing tensions within the DOJ and the ouster of the antitrust chief, is seen by independent promoters and consumer advocates as a significant setback for competition and consumer affordability in the live music industry. Critics argue it signals a triumph of political influence and lobbying over legal enforcement, while state attorneys general continue their own fight against Live Nation’s alleged monopolistic practices.