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business10h ago
Live Nation illegally monopolized the ticket industry, federal jury finds
Mrf.lu and 28 more
- A Manhattan federal jury found Live Nation and Ticketmaster hold an illegal monopoly over the concert and live-event industry, signaling potential regulatory changes.
- Jurors determined the monopoly led to higher prices for fans, with overcharges attributed to the dominant platform from May 2020 to 2024.
- The ruling could pave the way for remedies such as a breakup or other penalties to restore competition in ticketing.
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