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Jury finds Live Nation a monopoly
A Manhattan federal jury concluded that Live Nation Entertainment engaged in monopolistic practices that harmed the live music ecosystem.
The decision validates claims brought by dozens of U.S. states alleging that the company used its dominance to pressure artists and venues into exclusive agreements.
While the trial has concluded, the presiding judge must now determine specific penalties and potential structural remedies.
Industry experts suggest the ruling could lead to a court-ordered breakup of the entertainment giant and its primary ticketing platform.
Live Nation Entertainment
American entertainment company
American entertainment company
Ticketmaster
American ticket sales and distribution company
American ticket sales and distribution company
United States Department of Justice Civil Rights Division
Federal institution
Federal institution
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