NYSE:LYVEntertainment
Live Nation DOJ Deal Reshapes Ticketing Economics While Preserving Ticketmaster Integration
Live Nation Entertainment (NYSE:LYV) has reached a settlement with the U.S. Department of Justice in a high profile antitrust case involving Ticketmaster.
The agreement avoids a breakup of Live Nation and Ticketmaster while requiring an open ticketing platform, caps on certain fees, and the divestiture of more than 10 amphitheaters.
Federal claims are resolved, but some state attorneys general are continuing separate actions, so legal scrutiny of the business is not fully closed.
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