Live Nation settles antitrust case, opens Ticketmaster to rivals and caps fees
Live Nation and Ticketmaster have agreed to a $280 million settlement with the DOJ and 40 states, which requires divesting 13 amphitheaters, capping amphitheater service fees at 15%, and opening Ticketmaster’s technology to rival ticket sellers to boost competition in primary ticketing. Reactions are mixed, with some states vowing to continue litigation while DOJ officials say the changes will lower prices.