Jury Finds Live Nation Acts as a Monopoly in a Victory for States
Business,Arts And Entertainment,Justice Department,Antitrust,Monopoly,Settlements,Ticketmaster,Music,Concerts,Culture,Jury
From the Left
AllSides Media Bias Rating: Lean Left
A federal jury on Wednesday found that Live Nation, the concert giant that owns Ticketmaster, has operated as a monopoly in violation of federal and state antitrust laws, ending a closely watched trial in New York that could have far-reaching consequences in the music industry.
The verdict came after four days of deliberations in which the nine-person jury parsed a long list of questions it was asked to consider in a complex case that involved weeks of expert testimony.
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