Live Nation reaches surprise settlement with justice department in antitrust case
Live Nation will pay $200m to states in lawsuit, and Ticketmaster will open parts of platform to rival companiesSign up for the Breaking News US email to get newsletter alerts in your inboxLive Nation, which owns Ticketmaster, has reached a surprise settlement with the Department of Justice in its antitrust case just one week after the trial began.The settlement was announced during a court hearing Monday morning. Under the agreement, Live Nation will pay roughly $200m in damages to states that participated in the lawsuit, and Ticketmaster will be required to open parts of its platform to rival ticketing companies, reported Politico. Continue reading...
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