Business Entertainment US & Canada

Live Nation Ruled an Illegal Monopoly

Live Nation Ruled an Illegal Monopoly

The live music industry faces a potential transformation after a jury determined Live Nation-Ticketmaster violated antitrust laws.

The lawsuit, brought by dozens of states, accused the company of using its leverage to overcharge fans and block rival ticket sellers from key markets.

While the company has vowed to appeal the decision, the ruling could eventually lead to lower ticket prices and more choice for concertgoers.

Legal experts describe the win as a 'total victory' for antitrust enforcement against corporate giants.

Live Nation Entertainment
American entertainment company
Ticketmaster
American ticket sales and distribution company
New York City
Most populous city in the United States
Rob Bonta
Attorney General of California since 2021