Major Antitrust Victory Against Live Nation and Ticketmaster. A jury ruled Wednesday that Live Nation and its Ticketmaster subsidiary violated federal and state antitrust laws, following a five-week trial brought by 33 states and Washington D.C. The jury found that Ticketmaster holds a monopoly in ticketing services at major concert venues, while Live Nation dominates the large amphitheater market. The verdict also determined that Live Nation unlawfully requires artists using its owned amphitheaters to use its event promotion services, and that fans have been systematically overcharged for concert tickets. This decision comes months after the U.S. Department of Justice secured a separate settlement requiring Live Nation to pay $200 million and open its platform to third-party ticketing services.
