economy

March 9, 2026

Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns

Live Nation, which owns Ticketmaster, reached a settlement with the Department of Justice over antitrust concerns.

Ticketmaster parent Live Nation reaches settlement with Department of Justice over antitrust concerns

TL;DR

  • Live Nation, owner of Ticketmaster, has reached a settlement with the Department of Justice over antitrust concerns.
  • The settlement requires Ticketmaster to unwind exclusivity agreements and offer a third-party ticketing system.
  • Ticketmaster will pay approximately $280 million in civil penalties.
  • The deal still needs approval from over 20 states and the court.
  • Some states, including New York, plan to oppose the settlement, deeming it insufficient.
  • Live Nation's CEO stated the company's success is due to product quality, not exclusivity.
  • Ticketmaster has faced significant criticism and backlash over alleged dominance and price gouging, including issues with Taylor Swift's Eras Tour tickets.
  • The DOJ and more than two dozen states had previously sued to break up Live Nation and Ticketmaster.
  • The FTC has also sued Live Nation over alleged illegal ticket resale tactics, noting Ticketmaster's 80% control of major venue ticketing.

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