Ticketmaster Settlement: Fans Hope for Lower Prices
Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. Justice Department announces tentative settlement in antitrust case against Ticketmaster and Live Nation Entertainment, aiming to break up their monopoly and lower ticket prices. Live Nation to pay up to $280 million fine and sell off amphitheaters. However, many states reject the deal, led by New York Attorney General Letitia James, who calls it too weak. The case, filed last year, accuses Live Nation of using threats and exclusive contracts to dominate live events ticketing. The outcome could significantly impact how live events work in America.
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