The U.S. Justice Department initiated a criminal antitrust probe on May 15, 2025, investigating Live Nation Entertainment and AEG Presents. The probe focuses on the companies' responses to concert cancellations at the onset of the COVID-19 pandemic in 2020.
The investigation is examining whether Live Nation and AEG illegally coordinated their refund policies and other actions during the mass concert cancellations. This criminal inquiry is separate from the existing civil antitrust lawsuit filed against Live Nation by the DOJ and multiple states.
This new criminal probe adds a significant layer of legal risk for Live Nation, potentially leading to severe penalties if evidence of collusion is found. The development intensifies the regulatory scrutiny on the company's business practices and market conduct.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.