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Justice Department and Live Nation reach settlement over illegal monopoly case, AP source says
The Justice Department has reached a settlement in its antitrust lawsuit against Ticketmaster and Live Nation Entertainment regarding allegations of an illegal monopoly over live events. While the financial terms of the deal were not immediately clear, the settlement aims to address claims that Live Nation used anticompetitive tactics to control the industry. This agreement comes as the two entities were preparing for a trial in New York over the same issues.