Business Entertainment US & Canada

Jury Finds Live Nation Monopoly

Jury Finds Live Nation Monopoly

The jury's decision in Manhattan federal court marks a significant defeat for Live Nation, which has long dominated the live music and ticketing sectors.

Dozens of states joined the lawsuit, arguing that the company used its control over major venues to force artists into unfavorable promotion agreements.

While the Trump administration initially withdrew from the trial, the remaining plaintiffs successfully demonstrated that the firm's practices were anti-competitive.

Potential remedies now include the possible forced divestiture of Ticketmaster or significant structural changes to how the company operates.

Live Nation Entertainment
American entertainment company
Ticketmaster
AmericanĀ ticket salesĀ and distribution company
Arun Subramanian
American federal judge
New York City
Most populous city in the United States