Prosecutors that were conducting a criminal antitrust probe into Live Nation (LYV) recommended several months ago that the Justice Department not file charges against the company and its CEO Michael Rapino, people with knowledge of the matter told Bloomberg’s Josh Sisco. The investigation slowed down after prosecutors at the DOJ’s antitrust division recommended in September not filing criminal charges against the company and Rapino over alleged pandemic-era collusion with other industry players, the author notes.
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