In a shocking turn of events, the federal government settled their long-standing antitrust action against Live Nation after a week of in-court proceedings. This process was described as “mind-boggling” by the judge, and surprised counsel on both sides, along with many states’ attorneys general who are also suing Live Nation.

Today on the show, we break down the case against Live Nation and Ticketmaster (which it acquired back in 2010) with two guests: Gigi Liman, who is reporting on the trail for bigtechontrial.com, and Tommy Dorfman, a live music promoter who has been in litigation with Live Nation for over a decade. Together with Matt Stoller and David Dayen, they break down the proceedings, how Live Nation uses Mafia-like tactics to secure its monopoly, and where the case goes from here as states pick up the prosecutorial baton from a compromised federal Justice Department.

Listen via AppleSpotify, or wherever you get your podcasts.

David Dayen is the executive editor of The American Prospect. He is the author of Monopolized: Life in the Age of Corporate Power and Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud. He co-hosts the podcast Organized Money with Matt Stoller. He can be reached on Signal at ddayen.90.

Matt Stoller is research director at the American Economic Liberties Project and the author of Goliath: The 100-Year War Between Monopoly Power and Democracy.