States Reject Ticketmaster Settlement, Push for Breakup

New York and New Jerseys attorneys general are challenging a recent settlement between the U.S. Department of Justice and Live Nation, the parent company of Ticketmaster. They argue the deal is too lenient and plan to continue their lawsuit to dismantle the company due to alleged monopolistic practices in the live music industry. The original case, filed in May 2024, accused Live Nation of controlling concert promotion, venue ownership, and ticketing, which they claim harms competitors, artists, and fans by inflating prices. The proposed settlement would have Live Nation pay a fine and sell off amphitheaters, but the states argue this is insufficient relief. Over two dozen other states are joining the fight, potentially impacting events at venues like Madison Square Garden and MetLife Stadium.

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