Scrutiny of Live Nation's acquisition of Ticketmaster intensified after it subjected Taylor Swift fans to hours-long queues and high prices for her Eras tour.
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Live Nation Entertainment
has reached a proposed settlement with the U.S. Justice Department, according to a court hearing on Monday.
In the same hearing, it was disclosed that Live Nation is also in talks with state attorneys general to secure a broader, global resolution of related state‑level antitrust claims.
Shares of the California-based company are up 4.5% in premarket trading.
The live events company, which owns Ticketmaster, will open parts of its business to rival companies.
Live Nation, which owns Ticketmaster, reached a settlement with the Department of Justice over antitrust concerns.
The Justice Department has reached a settlement in its antitrust lawsuit against Ticketmaster and its parent company,…
Live Nation has agreed to change its ticketing practices and pay $200 million in damages to settle an antitrust lawsuit by the…
La compañía, fusionada en 2010 con Ticketmaster, afronta una demanda por vulnerar la competencia en la venta de entradas y…
The verdict could have profound repercussions in the concert world, and possible remedies could include breaking up Live Nation…
