Jury Finds Live Nation and Ticketmaster Operated as a Monopoly and Overcharged Fans

A jury found Live Nation and Ticketmaster operated as a monopoly in its dominance of the live events and ticketing industry, validating complaints that the industry giant was stifling competition and driving up fees for fans.

The verdict was reached following a lengthy trial in New York federal court that included testimony from top executives in the music and entertainment industries. Jurors began deliberating last Friday.

However, fans won’t see ticket prices or fees tacked onto their bills drop anytime soon. Judge Arun Subramanian will now hold second trial to decide what remedies are warranted, including whether to grant the states’ request to break up the company or make other structural changes such as ordering the sale of businesses.

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