Live Nation and Ticketmaster has reached a settlement with federal authorities over its practices that accused the ticket giant for monopolizing the live events music industry, according to a source familiar with the matter. The industry came under intense scrutiny in 2022 after glitches at Ticketmaster blocked millions from purchasing tickets for Taylor Swift’s tour.
The agreement takes a company breakup off the table and lifts regulatory uncertainty — but critics say high fees and competition concerns still remain.