[…] Trump’s latest betrayal to the the MAGA antitrust movement (that never really existed outside the skulls of rubes) is his DOJ’s surprise blindsiding of states by striking a pathetic settlement with Ticketmaster that doesn’t really fix the actual problem: monopoly.
The Biden DOJ and most US states sued Live Nation and its Ticketmaster subsidiary back in 2024, alleging that Live Nation has a monopoly on “the delivery of nearly all live music in America today.”
But while a new Trump settlement with the company requires $280 million in civil penalties and a 15% cap on service fees for people who want to use their amphitheaters, it backs off any attempt to pursue a break up of Live Nation and Ticketmaster, the one move that would actually (more permanently) help protect consumers, artists, and the live music market from predatory behavior.
The Trump DOJ and pedophile protector Pam Bondi struck the deal behind closed doors and didn’t bother to tell any of the 27 states (including many Republican ones) currently fighting Ticketmaster in court. It’s another win for Bondi loyalists (whose function is to blindly serve our mad idiot king) and the final middle finger to Gail Slater and Mark Hamer types that at least sometimes cared about antitrust.
States are, you may be unsurprised to learn, pissed off and planning to continue the fight alone, though they say the Trump DOJ has caused potentially irreparable harm:
States reserving the right to continue litigation filed a motion for mistrial, saying they need time to prepare for a new trial and evaluate the terms of the settlement between the US and Live Nation. The “sudden disappearance” of the US from the case will likely give the jury the incorrect impression that Live Nation’s “antitrust violations have been cured or resolved, or that Proceeding Plaintiff States’ claims lack merit,” the states said.”
“The case went to trial, and testimony began last week in US District Court for the Southern District of New York. But the US and Live Nation informed the court of a proposed settlement on March 8, taking state attorneys general by surprise. The judge presiding over the case reportedly said in court today that the way the settlement was announced “is absolutely unacceptable.
[…]
Source: Trump DOJ Wimps Out On Ticketmaster, Again Revealing Hollowness Of MAGA ‘Antitrust’ | Techdirt
Robin Edgar
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