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Jury finds Live Nation monopoly
In a significant blow to the live entertainment industry, a jury found Live Nation liable for violating federal and state antitrust laws.
The trial highlighted internal communications where executives mocked customers and acknowledged 'outrageous' pricing strategies.
While the Trump administration had previously stepped back from the case, dozens of U.S. states continued the legal battle to protect consumers.
A judge will now determine the penalties, which may include divestiture of Ticketmaster to restore market competition.
Live Nation Entertainment
American entertainment company
American entertainment company
Ticketmaster
American ticket sales and distribution company
American ticket sales and distribution company
Arun Subramanian
American federal judge
American federal judge
New York City
Most populous city in the United States
Most populous city in the United States