US EditionJury finds Live Nation and Ticketmaster operated as a monopoly and overcharged fans
- On Wednesday, a Manhattan federal jury found that Live Nation Entertainment, Inc. and its Ticketmaster subsidiary operated as an illegal monopoly, violating federal and state antitrust laws after a five-week trial.
- The 2024 lawsuit, initially led by the Department of Justice alongside dozens of state attorneys general, alleged that Live Nation's market control harmed consumers, artists, and venues through exclusive booking agreements and predatory practices.
- Internal company messages reviewed by jurors, including one from executive Benjamin Baker boasting of "robbing them blind, baby," showed that Ticketmaster overcharged consumers by $1.72 per ticket.
- While the Trump administration settled its claims last month without forcing a company split, more than 30 states continued litigation, yielding this verdict and triggering a remedies phase for damages and structural relief.
- Judge Arun Subramanian will preside over the upcoming remedies phase to determine damages and potential structural changes, though industry experts expect Live Nation to appeal any court-ordered breakup.
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Jury Rules Live Nation & Ticketmaster Operated As A Monopoly
A Manhattan jury ruled this week that Live Nation and its performing venue company, Ticketmaster, operated as a monopoly and overcharged customers. The decision is seen as a victory for 33 states, including the District of Columbia. NPR reports that after a four-day deliberation at the U.S. District Court of the Southern District of New York, the jury decided that Live Nation and Ticketmaster held far too much sway over the live performance indu…
US federal jury finds Live Nation and Ticketmaster operated illegal monopoly
A US federal jury Wednesday found Live Nation Entertainment and its subsidiary Ticketmaster violated multiple federal antitrust laws, determining the companies held an illegal monopoly over the live entertainment industry and overcharged consumers $1.72 per ticket. The verdict, reached in United States v. Live Nation Entertainment before the US District Court for the Southern District of New York, came after a coalition of 40 state attorneys gen…
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