The Justice Department has reached a major settlement with Live Nation, the parent company of Ticketmaster, avoiding a breakup of the world’s largest live entertainment company. The Justice Department had accused Live Nation of operating an illegal monopoly on the concert business. According to the terms of the settlement, Live Nation agreed to change how it makes ticketing deals with venues and would also pay up to $280 million in damages. Dozens of states have vowed to continue legal action against Live Nation. New York Attorney General Letitia James said, “We will keep fighting this case without the federal government so that we can secure justice for all those harmed by Live Nation’s monopoly.”