US EditionLive Nation Antitrust Trial Nears End as Lawyer for 34 States Labels the Concerts Giant a Monopolist
Jurors will decide whether the company illegally used its control of concert promotions and amphitheaters to force venues onto Ticketmaster.
- On Thursday, closing arguments concluded in the antitrust trial against Live Nation-Ticketmaster, with Judge Arun Subramanian instructing jurors on the law. The jury now decides whether the company's business practices illegally monopolize the entertainment industry.
- More than 30 states pursued antitrust claims after the Justice Department settled its lawsuit several weeks ago, saying it had won concessions from Live Nation. State attorneys general took a calculated risk continuing despite the federal settlement and unsuccessful negotiations.
- Attorney Jeffrey Kessler labeled Live Nation a "monopolistic bully" controlling 86% of the concert market and 73% overall, while economist Rosa Abrantes-Metz testified Ticketmaster keeps an extra $2.30 per ticket compared to competitors.
- Defense attorney David Marriott contested the monopoly allegations, maintaining there is more competition than ever and that Live Nation simply tries to "outflank and outcompete" rivals, a practice not illegal in the United States.
- The jury could reach a verdict within hours or days; a finding for the states could trigger the first step toward a breakup, while a Live Nation victory would validate the earlier DOJ settlement.
24 Articles
24 Articles
Live Nation Antitrust Case Goes to Jury
Jurors in the antitrust trial against Live Nation and its Ticketmaster unit are to begin deliberations Friday after sharp closing arguments in federal court in Manhattan. Attorneys for 34 states, which continued their case after the Justice Department reached its own settlement with the company, argued that Live Nation runs...
As Live Nation Trial Ends, Jury Must Decide If It’s a ‘Monopolistic Bully’ or ‘Fierce Competitor’
The blockbuster Live Nation antitrust trial is finally coming to an end, and a federal jury will soon decide whether the company has used its size to wield unlawful monopoly power in the live music industry. The New York jury heard closing arguments on Thursday (April 9), more than a month after the trial first kicked off in the case brought by the U.S. Department of Justice (DOJ) and dozens of state attorneys general. The DOJ settled with Liv…
Associated Press News
Live Nation antitrust trial nears end as lawyer for 34 states labels the concerts giant a monopolist
A lawyer for states suing Live Nation Entertainment has tried to convince a jury during an antitrust trial's closing arguments that the company and its ticketing arm, Ticketmaster, are monopolizing the industry and driving up concert prices.
Live Nation antitrust trial nears end as lawyer for states labels giant a monopolist
A lawyer for states suing Live Nation Entertainment has tried to convince a jury during an antitrust trial's closing arguments that the company and its ticketing arm, Ticketmaster, are monopolizing the industry and driving up concert prices
A jury is about to decide the fate of Ticketmaster
Consumer complaints about Ticketmaster are so voluminous at state attorneys general offices that Pennsylvania's comes with an explicit plea for residents lodging a grievance about the company to be patient for a response. That kind of pressure has driven more than 30 states to push forward with claims that Live Nation-Ticketmaster illegally monopolized parts of the concert industry, even when the federal government settled its claims. Soon it wi…
Live Nation Trial Nears End With Closing Arguments Set to Begin
Live Nation’s fate will soon be with a jury as closing arguments in the blockbuster antitrust case begin today, April 9. The more than 30 states suing Live Nation and Ticketmaster will make one last push to convince the jurors that the company — with its dominant position in ticketing, concert promotions, and venues — is a monopoly that exerts outsized control over the live entertainment industry. Live Nation’s lawyers will likely emphasize t…
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