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Reason
Reason
Jack Nicastro

Live Nation Settled Its Lawsuit With the Feds. Don't Expect Concert Tickets To Get Any Cheaper.

Live Nation Entertainment and the federal government have reached an agreement to end a yearslong antitrust lawsuit. If you think that's going to make your Bad Bunny tickets cheap, think again.

On Monday, Politico reported that Live Nation, the largest producer of live music concerts, settled with the Justice Department. This settlement ends the lawsuit filed against the company following public outrage at dizzying resale ticket prices for Taylor Swift's Eras Tour, alleging that Live Nation had monopolized the markets for primary ticketing services. 

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