"A federal jury handed down its decision today that the company violated federal and state antitrust rules. This finding won't surprise anyone who has used Ticketmaster and been sticker-shocked by their final bill."
"The judge overseeing the case hasn't determined what remedies will be applied. The actions could go as far as requiring Live Nation to sell off Ticketmaster."
"The Department of Justice and a group of state and district attorneys general sued Live Nation on monopoly claims in 2024. The government agency reached a settlement with Live Nation last month, but the other parties continued their action."
A federal jury has determined that Live Nation, which operates Ticketmaster, is a monopoly and has violated antitrust laws. The judge has yet to decide on remedies, which could include requiring Live Nation to divest Ticketmaster. Monetary damages are also pending. Live Nation is expected to appeal the decision. The Department of Justice previously settled with Live Nation, but other legal actions continue, including a separate investigation by the Federal Trade Commission regarding collusion with ticket resellers.
Read at Engadget
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