Ticketmaster-Owner Live Nation Ran a Monopoly and Overcharged Fans, Jury Finds

$400M Ticketmaster Settlement Reduced To Just $11.50 After Fees

NEW YORK, NY — A New York federal court found Ticketmaster guilty of operating as a monopoly following its 2010 merger with concert promoter Live Nation, and ordered the ticket vendor to pay $400 million in fines, which came out to just $11.50 after service fees.

A Stunning New Verdict Rewrites the Rules of Corporate Morality

The profit motive was on trial. The verdict was scathing.

US jury finds Live Nation, Ticketmaster holds monopoly

A New York jury found Ticketmaster and its parent company, Live Nation, illegally monopolized major parts of the United States live events market. The entertainment giant hosts tens of thousands of concerts a year and has been the world's leading ticket seller since 2010. The ruling will not bring immediate relief for frustrated concertgoers, but it could cost Live Nation hundreds of millions of dollars and force venue selloffs when penalties ar…

Live Nation and Ticketmaster ran a monopoly over big US venues, jury finds

Concert giant Live Nation and its subsidiary Ticketmaster have had a harmful monopoly over big music venues, a jury in the US has found.

Connecticut reacts to Live Nation jury verdict finding company ran illegal monopoly

Do you feel like concert tickets have gotten more expensive? A jury just blamed Live Nation, the owner of Ticketmaster, ruling the company ran an illegal monopoly and overcharged fans. That verdict came down Wednesday afternoon in the high-stakes antitrust trial after more than 30 states, including Connecticut, sued. Attorney General William Tong praised the decision, saying it’s “…a major step in...

Ticketmaster owner Live Nation maintains an illegal monopoly, jury says in bombshell verdict

US District Judge Arun Subramanian will decide on what penalties Live Nation will need to pay as a result of the verdict, as well as appropriate remedies – including a potential breakup of the business.