A jury in a high-stakes antitrust trial found Wednesday that Live Nation and its subsidiary Ticketmaster illegally maintained monopoly power in the ticketing market. Jurors delivered the verdict in ...
The verdict paves the way for over 30 states to seek measures that would curb the power of Ticketmaster’s parent, including a possible breakup.
The case, initially led by the Justice Department, could pave the way for a breakup of Live Nation and ticketing giant Ticketmaster.
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 ...
States expected to seek Ticketmaster-Live Nation breakup Live Nation monopolized concert ticketing, amphitheater markets, jury finds Penalties and damages to be determined through future proceedings ...
A federal jury in Manhattan returned a landmark verdict finding Live Nation Entertainment and its subsidiary Ticketmaster liable for illegally maintaining monopoly power in the live event ticketing ...
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 in New York has found that Live Nation acts as a monopoly following a seven-week trial. Jurors determined that consumers were overcharged $1.72 for each ticket. Backlash against the ...
A federal jury ruled that Live Nation and Ticketmaster illegally monopolized primary ticketing for major concert venues.