A jury in a high-stakes antitrust trial on Wednesday found that Live Nation and its subsidiary, Ticketmaster, illegally maintained monopoly power in the ticketing market. A group of jurors delivered ...
The event behemoth was found to have charged consumers $1.72 more than it should have.
The case, initially led by the Justice Department, could pave the way for a breakup of Live Nation and ticketing giant Ticketmaster.
A jury has found that concert giant Live Nation and its Ticketmaster subsidiary engaged in an anticompetitive monopoly.
After the blockbuster trial that went from the U.S. Department of Justice to 34 states, a jury has decided that Live Nation Entertainment and its subsidiary Ticketmaster illegally held monopoly power ...
Live Nation Entertainment Inc., the largest US concert promoter and ticket seller, illegally monopolized the live events industry and overcharged fans, a New York federal jury concluded Wednesday.
A federal jury ruled that Live Nation and Ticketmaster illegally monopolized primary ticketing for major concert venues.