Justice Department & Live Nation Reach Settlement

WASHINGTON (AP) — The Justice Department says it’s reached a settlement in its antitrust lawsuit against Ticketmaster and its parent company, California-based Live Nation Entertainment that will benefit consumers by letting competitors play a role in ticket sales and force Live Nation to sell 13 amphitheaters. Some states, though, are not joining the deal and say they’ll continue a trial in New York federal court. The case alleged there was an illegal monopoly over live events in America. The announcement angered a judge who said he was kept out of the loop. The government has said Live Nation’s monopoly costs consumers. Live Nation has maintained that artists and teams set prices and decide how tickets are sold.