Live Nation Settles Antitrust Charges, Tickets Still High
Denver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Live Nation and the U.S. Justice Department reached a tentative deal to settle antitrust charges, aiming to give artists and promoters more ticket-selling options beyond Ticketmaster. The agreement includes caps on service fees and lets promoters handle up to half the tickets their way. However, critics argue the changes wont significantly lower prices or reduce fan frustration. More than two dozen states rejected the deal, planning to litigate for stronger remedies. Industry voices stress the need for bigger fixes, like cracking down on resellers and bots that drive up costs.
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