Live Nation settles with Justice Department, avoiding skirmish over ticketing practices

Live Nation Entertainment on Thursday said it has reached an agreement with the U.S. Department of Justice, averting a potential legal battle over its ticketing practices.

The goal of the original consent decree was to ensure fair competition in the ticketing marketplace and prohibit Live Nation from retaliating against venue owners that decided to defect to competitors. Among the changes to the 2010 decree, the department’s antitrust division will appoint a monitor to investigate and report on Live Nation’s compliance with antitrust rules. Live Nation will appoint an internal antitrust compliance officer and pay for the cost of the department’s investigation and enforcement.

“We believe this is the best outcome for our business, clients and shareholders as we turn our focus to 2020 initiatives,” Live Nation said in a statement.against Live Nation over allegations that it forced concert venues into using Ticketmaster.

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Live Nation, Justice Department Reach Agreement Over Antitrust ClaimsLive Nation Entertainment has reached an agreement with the Justice Department to extend restrictions that were placed on its 2010 merger with Ticketmaster, including a provision that prohibits ret…
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Live Nation Halts Its War With the U.S. Government (For Now)After receiving multiple accusations of misbehavior, the live events giant reached a settlement with the Department of Justice over ticketing practices It’s good that they’re being held responsible for their practices, I just doubt it’s gonna result in me paying less than fucking $65 to see any moderately big names This is great and all, but why are the still allowed to scalp tickets online (which is exactly what all of those resale tickets are doing)? I paid $100 to see LordHuron - in a 20K capacity venue & much less to see duranduran (2x) in larger. The only reason why I paid that much for an indie artist is because it's the 1st time they played in my city & a fave band. Glad for accountability
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