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This is a major victory for competition and consumers without destroying a successful American company. Opening amphitheaters to all promoters, allowing venues to distribute 50% of tickets through competing platforms and capping service fees at 15% puts power back in the hands of artists and fans. Breaking up the company was never necessary when these targeted reforms could have been made.
This sweetheart deal lets Ticketmaster's monopoly survive while fans continue to get squeezed by outrageous fees and artists remain trapped. A 15% fee cap is still a massive Ticketmaster tax, and the settlement reeks of corporate influence, given that Live Nation donated $500,000 to Trump's inaugural committee and stacked its team with former Trump officials. Real reform means breaking up this monopoly.