Live Nation settlement avoids breakup with Ticketmaster

The settlement aims to loosen some of Live Nation’s control over venues as well. According to NBC News, the company will have to divest up to 13 amphitheaters and be prohibited from retaliating against venues that choose another ticket seller over Ticketmaster.

The settlement comes less than a week after the case went to trial. While the matter may be concluded with the Justice Department, many of the states’ attorneys general who were part of the lawsuit will be continuing their legal action separately.

“The settlement recently announced with the U.S. Department of Justice fails to address the monopoly at the center of this case and would benefit Live Nation at the expense of consumers,” New York State Attorney General Letitia James wrote in a press release. “We will continue our lawsuit to protect consumers and restore fair competition to the live entertainment industry.” 26 other attorneys general signed onto continuing the lawsuit with James.