Live Nation says 'game is not over' after jury finds company liable for ticketing monopoly
Business,Arts And Entertainment,Justice Department,Antitrust,Monopoly,Settlements,Ticketmaster,Music,Concerts,Culture,Jury
From the Right
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A federal jury in New York delivered a major blow to Live Nation Entertainment on Wednesday, finding the concert giant and its Ticketmaster subsidiary liable for monopolistic practices in the ticketing industry.
The verdict stems from a sweeping multistate lawsuit that accused the company of using its dominance in concert promotion and ticketing to stifle competition, inflate prices and limit consumer choice, according to the complaint.
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