Live Nation has reached a settlement with the Justice Department in its antitrust case.
The resolution was announced by the company and the Justice Department today after a week-long trial that threatened to separate the concert giant and its ticketing subsidiary, Ticketmaster, in one of the U.S.’ most famous antitrust cases in decades.
Under the terms, Live Nation has agreed to allow venues to use multiple vendors to sell tickets instead of working exclusively with Ticketmaster, and to allow touring artists to work with other outside promoters when playing Live Nation-owned amphitheaters, The New York Times…
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