Live Nation illegally monopolized ticketing market, jury in antitrust trial finds

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

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.

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Jurors delivered the verdict in federal court in New York City after around five weeks of trial, which featured testimony from dozens of witnesses. The jury began deliberating Friday.

The complaint, initially brought by the Justice Department and dozens of state attorneys general in 2024, claimed Live Nation monopolized the industry by controlling ticketing, concert booking, venues and promotions.

https://www.nbcnews.com/business/consumer/livenation-illegally-monopolized-ticketing-market-jury-antitrust-trial-rcna273714


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