The Hold Steady’s Franz Nicolay Testifies Before Congress About Live Nation Monopoly
Earlier this year, Live Nation Entertainment and Ticketmaster reached a surprise settlement with the Justice Department in a major antitrust case — a deal President Donald Trump reportedly pushed for, to the dismay of his ally Kid Rock, who has pushed hard for regulatory action against the company. The agreement avoided a breakup of Live Nation/Ticketmaster, even after a federal jury later found the company to be an illegal monopoly in a separate lawsuit brought by dozens of states.
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Stereogum — Earlier this year, Live Nation Entertainment and Ticketmaster reached a surprise settlement with the Justice Department in a major antitrust case — a deal President Don... more info