Everyone Hates Live Nation's 'Backroom Deal' Except Live Nation

Trump will claim this Live Nation settlement as a victory for music fans, but this backroom deal is anything but.

“This case was one of the biggest monopolies the world has ever known, that has 80 percent of the primary ticketing market for major concert venues, 40 to 50 top amphitheaters, 60 percent of promotion revenue at major concert venues, and a hugely high percentage of major sporting events — when you think about that monopoly, and you think about what this administration has been doing...