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Actual News > Analysis > Ticketmaster and Live Nation Found Guilty of Anticompetitive Monopoly

Ticketmaster and Live Nation Found Guilty of Anticompetitive Monopoly

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.

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