Live Nation and Ticketmaster illegally monopolized big concert venues, jury finds

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

Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules

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

Antitrust trial against Live Nation, Ticketmaster continues as states lead the charge

NEW YORK — The antitrust trial of Live Nation and Ticketmaster resumed Monday in a New York federal court with three dozen states remaining in the case a week after the Justice Department settled its claims and withdrew. Judge Arun Subramanian greeted jurors in Manhattan federal court by asking them if they had heard any … Read more

Live Nation to open Ticketmaster to other sellers as part of $280 million settlement, sources say

Live Nation, the parent company of Ticketmaster, has agreed to pay $280 million in civil penalties to 40 states that sued the company on antitrust grounds. As part of the settlement, Ticketmaster must also open technology to allow other ticket sellers to use its platform to reach customers, multiple sources told CBS News. Yasmin Khorram, … Read more

Live Nation to open Ticketmaster to other sellers and pay $280 million to settle antitrust charges

Live Nation, the parent company of Ticketmaster, has reached a deal with the Department of Justice to settle charges that the entertainment company’s dominance in the event ticket business undermined competition and hurt consumers. Under the settlement, Live Nation agreed to pay $280 million in civil penalties to 40 states that sued the company over … Read more