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Live Nation nears antitrust settlement over Ticketmaster monopoly without divestiture, ending exclusivity and altering venue operations.
Live Nation is close to settling a federal antitrust lawsuit alleging it monopolized the live music industry through Ticketmaster, according to Bloomberg, citing sources.
The proposed deal would allow Live Nation to keep Ticketmaster without divestiture, requiring changes like ending exclusivity clauses and adjusting amphitheater operations.
The Justice Department and several states sued in 2024, accusing the company of inflating ticket prices and blocking competition.
While the terms remain undisclosed, the settlement could be finalized soon.
Live Nation, Ticketmaster, and the DOJ have not commented.
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Live Nation se acerca a un acuerdo antimonopolio sobre el monopolio de Ticketmaster sin desinversión, poniendo fin a la exclusividad y alterando las operaciones de las sedes.