Trump directed DOJ to settle Live Nation case, but jury ruled it a monopoly
CEO Michael Rapino met Trump in the Oval Office in February to discuss the Kennedy Center. Trump then told the Department of Justice to settle its antitrust lawsuit against Live Nation. A jury later found the company liable for monopoly practices anyway.
Why it mattersThe case shows how a meeting with the president led to a government settlement. It raises questions about political influence on law enforcement. It also raises questions about how the government enforces corporate monopoly laws.
AustraliaNo direct Australian effect yet, though Australians booking tickets through Ticketmaster or attending Live Nation events could be affected if US policy on the company's market power changes.
✓ Claims checked against the source. checked 1 h ago
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