Live Nation confirmed in a statement Thursday that the Justice Department is investigating a criminal investigation into their criminal investigation into their response to the cancellation of refunds from the concert in the pandemic era, and in a statement denying any wrongdoing.

Bloomberg First breaking the news of the investigation, reporting it was linked to an initiative’s on-site state and Hollywood’s large booking agency, announced in the early days of the 2020 pandemic. Bloomberg The report said the Justice Department began an investigation during the Biden era, but efforts during the Trump administration have increased. It is unclear whether the investigation will lead to any formal charges.

“It is not illegal for artist agents, promoters and ticketing companies to work together to solve unprecedented challenges of the global pandemic,” Dan Wall, EVP of Live Nation’s corporate and regulatory affairs, said in a statement. Hollywood Reporter. “While Live Nation is honestly contributing to this industry, we set our own unique policies and refund terms to support fans and artists. We have not conspired with AEG or anyone else. During these tough times, we are proud of our leadership and if this investigation creates any allegations, we will do our best to defend them.”

Representatives of the Department of Justice and AEG declined or did not respond to requests for comment.

Sources of familiarity with this Hollywood Reporter The Justice Department is studying common policies while studying the company's civil monopoly lawsuit against the company, but this is not a key area as the Justice Department continues the building, which will be filed in May 2024.

As Bloomberg Note that criminal charges have five years of restrictions, which means the department must decide as soon as possible whether to file a criminal charge.

News of the investigation came as Live Nation continued to face the Department of Justice’s monopoly lawsuit. The Justice Department calls on a breakup of concert promotion lineups and ticketing giant ticket sellers for live performances, and claims the company has used its power to stifle competition on concerts and ticketing. The state at the scene has always denied these claims.

Since the new administration took over, advocates and lawmakers have called on the Justice Department to continue to prioritize litigation, and with the writing of the U.S. Economic Freedom Project, “past attempts to cut deals with this giant have failed to succeed in preventing abuse of independent places, artists and fans. Violations do nothing.”

By far, the most important live music legislation in the Trump era is the presidential executive order signed by the president at the end of March to target ticketing.

As part of the order, the Justice Department and the Federal Trade Commission announced a public investigation into the live music business last week in search of potential remedies for industry issues that affect consumers.