US Edition
Live Nation settles antitrust case with DOJ, avoids Ticketmaster breakup
Live Nation will pay $280 million and implement reforms including limiting exclusivity contracts to four years and opening Ticketmaster technology to competitors, officials said.
- Live Nation has reached a tentative settlement with the US Justice Department regarding its dominance in the live events industry.
- The DOJ labeled Live Nation a monopoly due to issues arising from the ticket sale for Taylor Swift's Eras tour.
- The settlement includes allowing businesses to use multiple vendors for ticket sales and requires Live Nation to divest 13 concert halls.
- Live Nation will pay $280 million in damages to nearly 40 states involved in the antitrust lawsuit.
347 Articles
347 Articles
Arizona Won’t Take the Ticketmaster Deal — and It’s Taking the Fight Back to Court
When the U.S. Department of Justice announced a tentative settlement with Ticketmaster and its parent company Live Nation this week, it framed the agreement as a meaningful step toward breaking up an illegal monopoly over the live entertainment industry. Arizona Attorney General Kris Mayes wasn’t buying it. Within hours of the announcement, Mayes made clear that Arizona would not be joining the… Source
The Toronto Star
Judge urges states to settle Live Nation claims after US strikes deal but states say no chance
NEW YORK (AP) — A New York federal judge on Tuesday urged over two dozen states to settle their antitrust claims against Ticketmaster and its parent company this week after
Judge urges states to settle Live Nation claims after U.S. strikes deal but states say no chance
A New York federal judge on Tuesday urged over two dozen states to settle their antitrust claims against Ticketmaster and its parent company this week after the U.S. Justice Department reached a deal and dropped out of an ongoing trial.
States urged to settle Live Nation claims after US strikes deal
A New York federal judge is urging over two dozen states to settle their antitrust claims against Ticketmaster and its parent company this week after the Justice Department reached a deal and dropped out of an ongoing trial
Massachusetts, 25 Other States to Continue Fight Against Ticketmaster
BOSTON – Despite a pending settlement agreement between the U.S. Department of Justice (DOJ) and Live Nation, the owner of Ticketmaster, Massachusetts Attorney General Andrea Joy Campbell says she will join with attorneys general of 24 other states and Washington D.C. to continue antitrust litigation against the company. “For years, Live Nation’s illegal monopoly has driven up prices, squeezed out competition, and left consumers with few choices…
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