In what may prove to be the most consequential antitrust ruling in the entertainment industry in decades, a jury found on Wednesday that Live Nation and its subsidiary Ticketmaster held a harmful monopoly over major concert venues. The entertainment giant, which hosts tens of thousands of concerts annually, now faces potential divestments or even a corporate breakup. A judge will determine damages and remedies in the case. For concertgoers who have long complained about exorbitant fees and a lack of alternatives, the verdict could mark a turning point.
Ticketmaster and Live Nation Found Guilty of Anticompetitive Monopoly
