Live Nation ruled illegal monopoly

Jurors determined that the entertainment giant used its dominance in promotions and venue management to maintain a stranglehold on the ticketing market.

The ruling supports claims by multiple US states that the company's practices led to artificially high prices for consumers.

While Live Nation has vowed to appeal the decision, legal experts suggest the verdict could lead to significant structural changes or a court-ordered breakup.

The case has drawn intense scrutiny from lawmakers who have long criticized the lack of transparency in the ticketing industry.