Live Nation and Ticketmaster illegally monopolized big concert venues, jury finds – CBS News Watch CBS News A jury on Wednesday found that Live Nation and Ticketmaster operated as an illegal monopoly over big concert venues. CBS News legal contributor Jessica Levinson breaks down the case. Source link
The verdict paves the way for more than 30 states to seek measures curbing the company’s power, including a possible breakup. Source link
A New York jury ruled on Wednesday that Live Nation operated as an illegal monopoly, handing dozens of states an important legal win against the ticketing giant. Live Nation reached a deal with the Department of Justice last month to pay $280 million to states that sued the company over its practices. However, a contingent … Read more
A jury in a high-stakes antitrust trial on Wednesday found that Live Nation and its subsidiary, Ticketmaster, illegally maintained monopoly power in the ticketing market. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A group of jurors delivered the verdict in Manhattan federal court after around five weeks … Read more