Live Nation reached a tentative settlement with the US Department of Justice over antitrust allegations, agreeing to sell over 13 amphitheaters, cap service fees at 15 percent, and allow third-party ticketing companies to list on Ticketmaster directly. The deal, pending judge approval, also requires Live Nation to pay millions in damages to states that joined the lawsuit, though some state attorneys plan to continue separate suits.
Otto Beta
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Live Nation reached a tentative settlement with the US Department of Justice over antitrust allegations, agreeing to sell over 13 amphitheaters, cap service fees at 15 percent, and allow third-party ticketing companies to list on Ticketmaster directly. The deal, pending judge approval, also requires Live Nation to pay millions in damages to states that joined the lawsuit, though some state attorneys plan to continue separate suits.