Justice Department and Live Nation reach settlement over illegal monopoly case

The Justice Department has settled its antitrust lawsuit against Ticketmaster’s parent company, Live Nation Entertainment, aiming to lessen the company’s hold on ticket sales. The agreement is expected to open opportunities for other ticket sellers, potentially lowering costs and widening access for music fans.

Justice Department and Live Nation reach settlement over illegal monopoly case

Equitable Trust Co. Sells 18,285 Shares of Live Nation Entertainment, Inc. $LYV

Equitable Trust Co. sold 18,285 Live Nation shares during the second quarter, cutting its stake by 80.4%. The move left the institutional investor with 4,458 shares of the live entertainment company.

Equitable Trust Co. Sells 18,285 Shares of Live Nation Entertainment, Inc. $LYV

FTC sues Ticketmaster and Live Nation for alleged collusion with resellers, deceptive ticket prices

The Federal Trade Commission has filed a lawsuit accusing Ticketmaster and Live Nation of colluding with brokers to inflate ticket prices. Citing alleged deceptive practices, the suit focuses on claims that Ticketmaster’s customer purchasing limits did little to prevent large-scale reseller acquisitions of event tickets.

FTC sues Ticketmaster and Live Nation for alleged collusion with resellers, deceptive ticket prices