Jury finds Live Nation monopoly

The high-stakes antitrust trial concluded with a public rebuke of the world’s largest concert promoter and ticketing service.

Jurors found that Live Nation violated federal and state laws by maintaining a harmful monopoly that suppressed rivals and inflated consumer fees.

US District Judge Arun Subramanian will now determine the specific penalties and remedies, which could include a court-ordered breakup of the two entities.

Industry stakeholders expect the decision to fundamentally reshape the economics of the live music business.