Consumer advocates, Democrats denounce Live Nation deal as inadequate
Business,Arts And Entertainment,Justice Department,Antitrust,Monopoly,Settlements,Ticketmaster,Music,Concerts,Taylor Swift,Culture
The Justice Department announced Monday that it reached a tentative settlement in its antitrust suit against Ticketmaster and parent company Live Nation Entertainment that would spare the business from the threat of being broken apart amid government claims it held an illegal monopoly over concerts and other events.
But almost immediately, more than half of the nearly 40 states that had signed on to the department's landmark litigation voiced serious concerns over the deal. Some state attorneys general said they had been left out of negotiations and vowed to continue their fight against the live entertainment behemoth in court.
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