Live Nation, Justice Department reach settlement in antitrust case

From ABC News.

The U.S. Department of Justice has reached a settlement in its antitrust lawsuit against Live Nation, the parent company of Ticketmaster, roughly one week after trial commenced challenging the ticket giant’s grip over the live entertainment industry.

Among the changes included in the settlement, according to a senior Justice Department official, is a requirement for Ticketmaster to allow competitors like SeatGeek or StubHub to list tickets directly on its website — putting price comparisons directly in front of consumers.

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