Live Nation has agreed to change its ticketing practices and pay $200 million in damages to settle an antitrust lawsuit by the Justice Department.

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.

The Justice Department has reached a settlement in its antitrust lawsuit against Ticketmaster and its parent company, California-based Live Nation Entertainment.