Ticketmaster is an illegal monopoly, jury rules
Live Nation-Ticketmaster is an illegal monopolist, a Manhattan jury ruled, according to Bloomberg. The verdict, reached after several days of deliberation, leaves the live entertainment giant open to a potential breakup - which was the stated goal of the lawsuit back when it was filed by the Biden a...
Live Nation-Ticketmaster is an illegal monopolist, a Manhattan jury ruled, according to Bloomberg.
The verdict, reached after several days of deliberation, leaves the live entertainment giant open to a potential breakup - which was the stated goal of the lawsuit back when it was filed by the Biden administration's Department of Justice. Such an outcome would go far beyond the settlement that the Trump administration's DOJ reached with Live Nation one week into trial. Still, Judge Arun Subramanian could opt for lesser remedies than a breakup, and any outcome will likely be the subject of appeals.
The trial spanned about six weeks, includin …
