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Jury: Live Nation Illegally Monopolized the Ticket Industry
Ticketmaster parent company Live Nation holds an illegal monopoly over the concert and live event industry, a Manhattan federal jury found on Wednesday.
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lamplighter
Joined 2013/04/13Visited 2026/04/17
Status: user
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More from the article ...
... The entertainment giant was found liable for violating antitrust laws following a roughly six-week civil trial. The jury's verdict, which came on the fourth day of deliberations, could pave the way for steep monetary penalties " or a court-ordered breakup of the company. The Department of Justice, plus 39 states and the District of Columbia, sued Live Nation about two years ago to force a split from Ticketmaster, alleging that the company's market dominance drove up ticket prices for fans of live music, sports events, and theater. The plaintiffs have argued that Live Nation controls 78% of the large amphitheaters used by artists and, through Ticketmaster, 86% of primary ticketing at major concert venues -- meaning the initial sale of tickets. Days into the trial in March, it emerged that the Justice Department and Live Nation had agreed to a settlement that would allow the company to remain intact. Several states also signed on to the deal, which still needs approval from US District Judge Arun Subramanian. ...
The Department of Justice, plus 39 states and the District of Columbia, sued Live Nation about two years ago to force a split from Ticketmaster, alleging that the company's market dominance drove up ticket prices for fans of live music, sports events, and theater.
The plaintiffs have argued that Live Nation controls 78% of the large amphitheaters used by artists and, through Ticketmaster, 86% of primary ticketing at major concert venues -- meaning the initial sale of tickets.
Days into the trial in March, it emerged that the Justice Department and Live Nation had agreed to a settlement that would allow the company to remain intact. Several states also signed on to the deal, which still needs approval from US District Judge Arun Subramanian. ...
#1 | Posted by LampLighter at 2026-04-15 03:57 PM | Reply
She should have chosen the bear.
#2 | Posted by snoofy at 2026-04-16 08:00 PM | Reply
Ticketmaster is scum
#3 | Posted by hamburglar at 2026-04-16 08:38 PM | Reply | Newsworthy 1
well duh. That and Ticketmaster
#4 | Posted by e1g1 at 2026-04-17 02:01 PM | Reply
When I was a teenager concert ticket prices were 4, 5, and $6. General admission. Bands made money. Local promoters made money. The public wasn't gouged at ever turn by Live Nation (who're now the concert promoters) and their subsidiary, TicketMaster.
I have a friend who tours with a stadium act whose concerts are handled by Live Nation. They're nickel and diming acts to the point they don't even buy business class tickets for long haul flights.
I flew up to Chicago last summer for a concert at Wrigley Field. I was comped the tickets. Their regular price? Over $1000!!!
This year, tickets in the nosebleed seats at stadiums are over $300. Live Nation and Ticket Master can kiss my grits. I'll never pay hundreds of dollars to see an act. And it isn't the acts that're making a majority of the money. It's Live Nation and TM.
#5 | Posted by AMERICANUNITY at 2026-04-17 04:12 PM | Reply
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