Live Nation Entertainment has reached an agreement with the Justice Department to extend restrictions that were placed on its 2010 merger with Ticketmaster, including a provision that prohibits ret…
, including a provision that prohibits retaliation against concert venues for using another ticketing company.
“We have reached an agreement in principle with the Department of Justice to extend and clarify the consent decree,” Live Nation Entertainment said in a statement on Thursday. “We believe this is the best outcome for our business, clients and shareholders as we turn our focus to 2020 initiatives.
The DOJ claimed that Live Nation “repeatedly and over the course of several years engaged in conduct that, in the Department’s view, violated” the consent decree.