US & Canada Business Entertainment

Live Nation Ruled Illegal Monopoly

Live Nation Ruled Illegal Monopoly

The jury sided with more than 30 states that argued Live Nation used its control of major venues and ticketing platforms to stifle competition.

The trial was sparked in part by the public outcry following the botched ticket sales for Taylor Swift's Eras Tour, which highlighted the company's lack of accountability.

Legal experts suggest that potential remedies could include a court-ordered breakup of Live Nation and Ticketmaster to restore fairness to the market.

While the company is expected to appeal, the decision represents a major victory for consumer advocates and artists who have long criticized the industry's high fees.

Live Nation
American live-events company based in Beverly Hills, California
Ticketmaster
American ticket sales and distribution company
Taylor Swift
American singer-songwriter (born 1989)
New York City
Most populous city in the United States