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Jury Rules Live Nation Is a Monopoly. Rokita Says It Sends a 'Clear Message'
The jury said the company overcharged ticket buyers $1.72 per ticket and found the verdict could lead to further court-ordered relief.
- On Thursday, a federal jury in Manhattan ruled that Live Nation and its subsidiary Ticketmaster operated as a monopoly, harming consumers and overcharging ticket buyers after four days of deliberation.
- The Justice Department initially levied the antitrust suit in 2024, supported by 33 states and the District of Columbia, following long-standing allegations stemming from the company's 2010 merger with Ticketmaster.
- Jurors found Ticketmaster overcharged states by about $1.72 per ticket, though the damages award is limited to tickets sold at 257 venues, representing 20 percent of total tickets.
- Judge Arun Subramanian will hold a second trial to determine penalties, potentially including breaking up the monopoly, while Live Nation stated it plans to appeal the ruling.
- Indiana Attorney General Todd Rokita commended the verdict as a consumer protection milestone, though the company maintains the final outcome will not differ materially from its $280 million Justice Department settlement.
19 Articles
19 Articles
New ruling hands Trump admin a massive legal 'faceplant': analysis
President Donald Trump and his administration attempted to let a huge corporation off the hook for monopoly allegations while no one was looking, but according to a new analysis from MS NOW, a state ruling on the matter has handed him yet another legal "faceplant."Early last month, Trump's Justice Department moved to settle a lawsuit against Live Nation — the conglomerate with massive control over the live event and ticketing industries in the U…
Live Nation lost in court. Here’s what it means for concerts.
Protesters rally against the live entertainment ticket industry outside the US Capitol in 2023. | Drew Angerer/Getty Images This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here. Live Nation will have to face the antitrust music, a federal jury in New York ruled this week, declaring that America’s preeminent concert middleman is an illegal monopoly. …
Jury Finds Live Nation/ Ticketmaster Violated Antitrust Laws
BOSTON – A jury in a New York City federal court delivered a verdict that Live Nation and its subsidiary Ticketmaster illegally maintained monopoly power in the event ticketing market. After a five-week trial, the jury found Ticketmaster overcharged concertgoers by $1.72 per ticket at major concert venues, resulting from its anticompetitive behavior. A federal judge will decide the penalty for the company at a later date. The U.S. Justice Depar…
Live Nation has been held responsible in its historic antitrust trial, a remarkable verdict that has the potential to completely transform the live entertainment industry. The jury deliberated for four days before concluding that the company operated as a monopoly that violated antitrust laws. The more than 30 states that sued Live Nation and Ticketmaster finally managed to convince the jury that the company constituted a monopoly thanks to its …
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