Jury weighs if Ticketmaster acted like a monopoly

1 min read
Source: The Verge
Jury weighs if Ticketmaster acted like a monopoly
Photo: The Verge
TL;DR

A Manhattan jury is closing in on a verdict in the multi-state antitrust case against Live Nation-Ticketmaster, with prosecutors arguing the company maintained monopoly power through coercive venue deals and inflated ticketing charges, while Live Nation defends its product and contends fierce competition exists; a ruling for the states could trigger sweeping industry changes, including potential breakup, though appeals are likely.

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