
Live Nation Settles Antitrust Lawsuit, Opening Ticket Market
Annapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Live Nation, the company behind Ticketmaster, settles antitrust lawsuit, agreeing to pay $200 million in damages and share platform with competitors. This deal caps long-term exclusive venue contracts at four years, allowing venues to reserve tickets for other sellers. The Justice Department and forty states had accused Live Nation of bullying rivals and driving up prices. The settlement aims to ease ticket costs and access for fans heading to live events.
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