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Live Nation settles with DOJ without fine in antitrust case; sets aside $280M for U.S. states (LYV:NYSE)
Live Nation has settled its antitrust case with the Justice Department, avoiding a financial penalty. The company, parent to Ticketmaster, was accused of being a monopoly in the live events industry. As part of the settlement, Live Nation will set aside $280 million for U.S. states.