US EditionJudge urges states to settle Live Nation claims after US strikes deal but states say no chance
A federal judge urged states to negotiate a settlement with Live Nation after the DOJ deal, which includes a $280 million fund and limits on ticket sales and fees, to avoid trial.
- On Tuesday, a New York federal judge urged over two dozen states to settle claims after the DOJ reached a deal and dropped out of the trial.
- At the trial, federal government lawyers and 39 states accused Live Nation and Ticketmaster of squelching competition, while the companies claimed artists and venues set prices.
- The deal would require Live Nation to divest 13 amphitheaters, create a $280 million settlement fund, and let up to 50% of tickets be sold through other marketplaces, according to court documents.
- With states divided, the judge persuaded lawyers to negotiate in Manhattan federal court as a Justice Department official said at least 10 states joined the settlement, but Dan Wall, lawyer for Live Nation Entertainment, said the chance all would settle by Friday was 'about zero'.
- The Justice Department announcement was met with criticism from multiple state attorneys general; North Carolina Attorney General Jeff Jackson called it 'a terrible deal' and U.S. Sen. Amy Klobuchar called the timing 'troubling'.
8 Articles
8 Articles
Judge urges states to settle Live Nation claims after U.S. strikes deal but states say no chance
A New York federal judge is urging over two dozen states to settle their antitrust claims against Ticketmaster and its parent company this week after the Justice Department reached a deal and dropped out of an ongoing trial.
Associated Press News
Judge urges states to settle Live Nation claims after US strikes deal but states say no chance
A New York federal judge is urging over two dozen states to settle their antitrust claims against Ticketmaster and its parent company this week after the Justice Department reached a deal and dropped out of an ongoing trial.
States urged to settle Live Nation claims after US strikes deal
A New York federal judge is urging over two dozen states to settle their antitrust claims against Ticketmaster and its parent company this week after the Justice Department reached a deal and dropped out of an ongoing trial
The interim agreement announced on Monday by the U.S. Department of Justice to resolve its antitrust lawsuit against Live Nation Entertainment is "totally inadequate," declared Massachusetts Attorney General Andrea Joy Campbell, who pledged to pursue her own lawsuit against the entertainment conglomerate that includes Ticketmaster. Campbell and other state attorneys general joined the U.S. Department of Justice in a lawsuit against Live Nation, …
Coverage Details
Bias Distribution
- 83% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
