'This is a day of optimism and hope for over 40,000 people who have called on the DOJ to break up Live Nation-Ticketmaster, a corporation that has bent and broken the industry to its will since its entities merged in 2010.' —BreakUpTicketmaster Coalition
the terms of the settlement by five years, to 2025, and adjusted some of the agreement's language to clarify what the company was allowed to do when negotiating ticketing deals with venues.
Members of the Justice Department staff have asked whether Live Nation is complying with the agreement as part of their new inquiry, said one of the people with knowledge of the matter. Officials at the agency have grown increasingly wary of such settlements, believing the best way to settle antitrust concerns is through changes to a company's structure.
The Break Up Ticketmaster Coalition is made up of a wide range of groups, including the American Economic Liberties Project, Artist Rights Alliance, Demand Progress, Fight Corporate Monopolies, More Perfect Union, Music Workers Alliance, Sports Fans Coalition, and the Union of Musicians and Allied Workers.
The campaign"is bringing together a diverse array of sports and music fans, artists, unions, and independent venue owners for one common goal: restore competition to the live events marketplace," said the coalition. "This is an amazing moment and a crucial first step to achieving that goal."
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