Franz Nicolay of The Hold Steady Testifies to Congress on Live Nation Monopoly

Earlier this year, Live Nation Entertainment and Ticketmaster reached a surprise settlement with the Justice Department in a major antitrust case — a deal President Donald Trump reportedly pushed for, to the dismay of his ally Kid Rock , who has pushed hard for regulatory action against the company. The agreement avoided a breakup of Live Nation/Ticketmaster, even after a federal jury later found the company to be an illegal monopoly in a separate lawsuit brought by dozens of states.

The post The Hold Steady’s Franz Nicolay Testifies Before Congress About Live Nation Monopoly appeared first on Stereogum .

_Originally reported by [Stereogum](https://stereogum.com/2499345/the-hold-steadys-franz-nicolay-testifies-before-congress-about-live-nation-monopoly/news/)._