Live Nation, the owner of Ticketmaster, has reached a settlement with the DOJ in a major antitrust case. The U.S. government has accused the company of having a monopoly over tickets to live events. But a legal analyst explains the settlement doesn’t automatically mean cheaper tickets for consumers. Source link
Less than a week into a trial over Live Nation’s alleged monopoly of the event ticket business, the parent company of Ticketmaster has reached a tentative settlement with the Justice Department. Kenneth Dintzer, antitrust attorney with the law firm Crowell & Moring, joins CBS News to break down the deal. Source link
Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, … Read more
The move spares the concerts-and-ticketing giant from the threat of its business being broken up. Source link
A settlement has been reached in Dominion Voting Systems’ defamation case against Fox News, the judge for the case announced. The network will pay more than $787 million to Dominion, a lawyer for the company said. Source link
A last-second settlement has been reached in Dominion Voting Systems’ historic defamation lawsuit against Fox News, the parties announced Tuesday in court. “The parties have resolved their case,” Delaware Superior Court Judge Eric Davis said. “Your presence here… was extremely important. And without you, the parties would not have been able to resolve their situation,” the judge … Read more
A last-second settlement has been reached in Dominion Voting Systems’ historic defamation lawsuit against Fox News, the parties announced Tuesday in court. “The parties have resolved their case,” Delaware Superior Court Judge Eric Davis said. “Your presence here… was extremely important. And without you, the parties would not have been able to resolve their situation,” the judge … Read more