Live Nation CEO defends company ticket pricing practices in antitrust trial

Live Nation CEO Michael Rapino took the stand for several hours in Manhattan federal court in a high-stakes antitrust trial, where he pushed back on accusations that the company illegally monopolizes live concerts in the U.S. The case was originally brought by the Department of Justice and dozens of state attorneys general. However, the federal … Read more

Antitrust trial against Live Nation, Ticketmaster continues as states lead the charge

NEW YORK — The antitrust trial of Live Nation and Ticketmaster resumed Monday in a New York federal court with three dozen states remaining in the case a week after the Justice Department settled its claims and withdrew. Judge Arun Subramanian greeted jurors in Manhattan federal court by asking them if they had heard any … Read more

Live Nation to open Ticketmaster to other sellers and pay $280 million to settle antitrust charges

Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice to settle charges that the entertainment company’s dominance in the event ticket business undermined competition and hurt consumers. Under the settlement, Live Nation agreed to pay $280 million in civil penalties to 40 states that sued the company over … Read more