Jurors Find Live Nation and Ticketmaster Monopoly Over Major Venues

1 min read
Source: The Guardian
Jurors Find Live Nation and Ticketmaster Monopoly Over Major Venues
Photo: The Guardian
TL;DR Summary

A Manhattan federal jury ruled that Live Nation Entertainment and its Ticketmaster subsidiary maintained a harmful monopoly over large concert venues, accusing them of using market power to stifle competition and overcharge fans—about $1.72 per ticket—with total damages to be determined. Live Nation plans to appeal, and the trial followed a government-led action with a separate DOJ settlement that did not force a split from Ticketmaster. The case spotlighted long-standing fan and artist concerns about fees and access to ticketing.

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