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business10h ago
Live Nation illegally monopolized the ticket industry, federal jury finds
Mrf.lu and 25 more
- A Manhattan federal jury found Live Nation and Ticketmaster operate as an illegal monopoly over the concert and live event industry.
- Jurors determined that Live Nation's monopoly led to fans being overcharged $1.72 per ticket sold through Ticketmaster from May 2020 to 2024.
- The trial's outcome could spur remedies, including penalties or a court-ordered breakup of Live Nation and Ticketmaster.
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