-
Alcaraz to return for US Open title defence
-
MemeCore Arrives on Nasdaq Through $1 Billion Landmark Treasury Transaction
-
China's rapid solar expansion hurt bird diversity: study
-
First US deportees land in Liberia
-
President Paul Biya back in Cameroon after 73 days away
-
US, Canada resume talks to finalize trade deal as details emerge
-
Newcastle boss Jaissle unfazed by lack of respect
-
Europe heatwaves scorch 80 million with 40 C heat: AFP analysis
-
US Open purse to top $100 mn as Grand Slams form player council
-
Carrick insists Man Utd will make more signings after quiet transfer window
-
Hull aim to silence critics after unexpected promotion to Premier League
-
US warns allies, China to back economic war on Iran
-
Pakistan hit back against England after Cox and Root fifties
-
Manifesto defends Germany's iconic Bauhaus against 'populist attacks'
-
Walmart reports mixed results as gas prices drag on US sales growth
-
Kenya's Kipyegon ends season with hamstring injury
-
Wang downs Sindhu to break Indian hearts at badminton worlds
-
Nord Stream bomb suspect arrested while working on movie about attack: media
-
As Europe's rivers recede, shippers scramble to limit damage
-
German football fans plan widespread VAR protests
-
Alonso won't confirm Fernandez will remain at Chelsea after Man City link
-
Scorching summer triggers record rockfalls in Alps, scientist says
-
Milky Way's fastest star discovered spinning around black hole
-
Newly-crowned European champ Werro turns focus on 800m record
-
Kanye West planned concerts trigger frenzy in Russia
-
Hamilton 'fittest ever' as he chases eighth F1 title
-
Hungary music festival basks in post-Orban freedom
-
Stocks retreat as bond yield fears persist, oil rises
-
Vatican says 'serious concerns' over Israel-Lebanon deal implementation
-
ARKBRIDGE’s David Mali Highlights AI-Driven Risk Management at the Finance Magnates London Summit
-
Arteta confirms Arsenal want to sign defender after Konsa link
-
Zuckerberg buys Gothic castle in Ireland: spokesman
-
What's behind the UAE's decision to cut Iran trade ties?
-
Belgium's fire of the century now 'under control'
-
Barca seal Cancelo return to bolster defence
-
Evergrande's Xu Jiayin: from real-estate tycoon to life in prison
-
Germany reports record 14,000 heat-related deaths this summer
-
Spurs eyeing move for Man City's Savinho and Marmoush - reports
-
Alvarez 'focused' says new Atletico team-mate Romero
-
Springboks captain Kolisi to miss first All Blacks Test
-
West Ham warn fans about 'offensive' Solomon chant
-
Japan to launch probe for Mars moons in October: space agency
-
Huge questions loom over Prince Harry's shock return to UK
-
From beach to Bulls: relaxed Tsunoda savours rare F1 drive
-
BYDFi Joins Coinfest Asia 2026, Connecting with Institutions, Builders and Traders in Bali
-
Prince Harry: key dates in life of returning UK royal
-
Max Verstappen: Natural-born winner
-
North Korea launches missiles, Seoul says, after Trump floats Kim meet
-
Van Dijk urges Liverpool to make amends for 'unacceptable' season
-
Oil jumps on Iran war tensions, offsetting bond yield fears
Live Nation settles antitrust case with US Justice Dept, states object
Live Nation reached a tentative settlement with the US Justice Department on Monday in the federal antitrust case brought against the entertainment giant, a senior official said.
The settlement, which still requires the approval of a judge, comes just days after the start of an antitrust trial against Live Nation in New York.
The case was initiated under then-president Joe Biden when the Justice Department labeled Live Nation a monopolist that controlled virtually all live entertainment in the United States.
The settlement requires Live Nation, which owns Ticketmaster, to open up the ticketing platform to competitors and to allow other concert promotors to stage events at certain Live Nation venues, the official said.
Live Nation will also divest up to 13 amphitheaters and pay $280 million in damages to the nearly 40 states that were parties to the antitrust lawsuit against the California-based company.
New York and a number of other states declined to join the settlement, however, and said Monday that their litigation would continue.
"For years, Live Nation has made enormous profits by exploiting its illegal monopoly and raising costs for shows," New York Attorney General Letitia James said.
"The settlement recently announced with the US Department of Justice fails to address the monopoly at the center of this case, and would benefit Live Nation at the expense of consumers," James said in a statement.
"We will keep fighting this case without the federal government so that we can secure justice for all those harmed by Live Nation's monopoly."
Live Nation is a behemoth in its industry: in 2025 it organized more than 55,000 events worldwide, drawing 159 million attendees.
Beyond promotion, it holds stakes in 460 venues and, since 2010, has controlled Ticketmaster, the world's leading ticket seller.
The Justice Department had accused Live Nation of abusing its dominant position to pressure artists and venues into signing with it, stifle competition, and impose excessive fees on fans.
The Trump administration's decision to press forward with the case against Live Nation had surprised many observers, who had interpreted last month's resignation of Justice Department competition chief Gail Slater as a sign the case would be dropped.
Q.Najjar--SF-PST