SeatGeek

Company

Last mentioned: 3d ago

Timeline

  1. Settlement Announced

    A tentative agreement is reached to settle charges without a company breakup.

  2. Trial Begins

    The antitrust trial commences in New York federal court.

  3. DOJ Complaint

    The Justice Department files a lawsuit seeking to break up the Live Nation-Ticketmaster monopoly.

  4. Merger Approved

    Live Nation and Ticketmaster merge despite significant antitrust concerns.

Stories mentioning SeatGeek 1

market-trends Neutral

Live Nation Settles DOJ Antitrust Suit Without Ticketmaster Divestiture

Live Nation and the U.S. Department of Justice have reached a tentative settlement to resolve monopoly charges, avoiding a forced breakup of the entertainment giant. While the deal introduces new flexibility for venues with over 8,000 seats, critics and more than two dozen states argue the remedies are insufficient to lower ticket prices.

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