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Live Nation illegally monopolized the ticket industry, federal jury finds
Mrf.lu and 34 more
- A New York jury found Ticketmaster and Live Nation illegally monopolized major parts of the United States live events market, signaling a sweeping antitrust ruling against the duo.
- Jurors concluded Live Nation abused its market power in ticketing for more than 200 major venues and dozens of large amphitheaters, tying access to its venues to use of its promotion services.
- Verdict could cost company hundreds of millions. The next step will be determining the penalties, with possible sanctions that could force the company to sell off some of its venues.
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