Live Nation and states ordered to hold settlement negotiations in antitrust case
NBC News
A federal judge ordered Live Nation to engage in settlement talks with a group of state attorneys general who accuse the live entertainment behemoth of illegally dominating the industry.
A federal judge ordered Live Nation to engage in settlement talks with a group of state attorneys general who accuse the live entertainment behemoth of illegally dominating the industry.
U.S. District Judge Arun Subramanian said on Tuesday that the plaintiffs and defendants "need to focus on getting a deal" this week that could potentially resolve the states' claims that Live Nation monopolized live events in the U.S.
Subramanian rebuffed the parties' request to hold a settlement conference at a later date, adding, "You need to do it here and now."
The development comes a day after the Justice Department announced it had struck a deal in its high-profile antitrust case against Live Nation and its subsidiary Ticketmaster.
Some states agreed to the terms, however, many said they would continue to pursue the case without the U.S. government.
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