Jury Rules Live Nation–Ticketmaster Abused Ticketing Market Power
TL;DR Summary
A Manhattan federal jury concluded that Live Nation and its Ticketmaster subsidiary illegally monopolized the U.S. ticketing market, finding anticompetitive conduct that led to higher fees for fans at major venues (about $1.72 per ticket). Remedies will be decided by a judge, and the case follows a DOJ settlement with divestitures and fee caps that was not fully embraced by many states pursuing their own claims.
- Live Nation illegally monopolized ticketing market, jury in antitrust trial finds NBC News
- Jury Finds Live Nation Acts as a Monopoly in a Victory for States The New York Times
- Jury finds Live Nation and Ticketmaster operated as a monopoly and overcharged fans CNN
- Live Nation illegally monopolized the market for tickets, jury finds abcnews.com
- Ticketmaster is an illegal monopoly, jury finds The Verge
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