US jury finds Live Nation and Ticketmaster subsidiary operated monopoly
Published by WarSignal Editorial · Last updated
Verdict in states’ lawsuit says concert giant stifled competition, raising pressure for changes to ticketing market A jury has found that concert giant Live Nation and its Ticketmaster subsidiary had a harmful monopoly over big concert venues, dealing the company a loss in a lawsuit over claims brought by dozens of US states.
A Manhattan federal jury deliberated for four days before reaching its decision Wednesday in the closely watched case, which gave fans the equivalent of a backstage pass to a business that dominates live entertainment in the US and beyond. Continue reading...
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