Live Nation and Ticketmaster have reached a settlement with the DOJ to resolve a federal antitrust lawsuit alleging an illegal monopoly over live events.The agreement avoids a company breakup but requires the payment of millions in damages and new federal oversight to improve market competition.Authorities in the USA and over thirty states initiated the case after fans faced high fees and technical failures during major concert tours.Judge
Arun Subramanian criticized the late disclosure of the deal as some states consider whether to continue their own independent legal actions.