Business Entertainment US & Canada

Live Nation ruled a monopoly

Live Nation ruled a monopoly

The landmark ruling concludes a high-stakes antitrust trial that could lead to the forced breakup of the entertainment giant.

Jurors agreed with more than 30 states that Live Nation used its market dominance to overcharge fans and coerce venues into unfavorable agreements.

While the company has previously sought settlements, this public rebuke empowers regulators to seek significant structural changes.

The decision is expected to have profound long-term repercussions for how concert tickets are sold and managed across the United States.

Live Nation
American live-events company based in Beverly Hills, California
Ticketmaster
American ticket sales and distribution company
United States
Country located primarily in North America
Department of Justice of Hong Kong
Department of the Hong Kong Government