Texas said Netflix has for years falsely represented to consumers that it did not collect or share user data, when it actually tracked viewing habits and preferences and sold the data to commercial data brokers and advertising technology companies, making billions of dollars a year.
The case alleged that it illegally monopolized parts of the live events industry, leading to higher ticket prices for consumers and locking venues into exclusive deals. The terms of the settlement have not yet been made public, but reporting in Politico and Bloomberg suggests that it won't force Live Nation to split off from Ticketmaster.