Live Nation and Ticketmaster merged in 2010, giving the company historic control of concerts, tickets and the biggest concert tours.The U.S. Justice Department and a group of states will sue Live Nation Entertainment Inc. for antitrust violations related toThe suit is expected to be filed in the Southern District of New York Thursday, said the people who asked not to be identified.
The department, under President Donald Trump’s administration, found Live Nation had repeatedly violated that promise and entered into a modified settlement with the company in 2019 to impose an external monitor to investigate further allegations. Joe Biden’s administration opened a new probe of the company in 2022 amid continued concerns that Live Nation hasn’t abided by the settlement terms. The case sparked widespread public interest after Ticketmaster bungled the massive demand for Taylor Swift tickets later that year.Biden’s Justice Department has already filed twin monopolization cases against Google and in March sued Apple Inc. for allegedly thwarting innovation on its iPhone.
At Hall Group, Ben Brewer will serve as chief operating officer for Hall Asset Holdings’ real estate portfolio, leading asset management, development and marketing teams.According to a recent report from the Pew Foundation, the number of centenarians in the U.S., now just over 100,000, is expected to reach nearly 422,000 by 2054.