Overview
- Live Nation, which owns Ticketmaster, was found liable by a New York federal jury on Wednesday for monopolizing large‑venue ticketing and concert promotion in violation of antitrust law.
- Jurors concluded customers paid an extra $1.72 per ticket at big venues during 2020 through 2024 because of the company’s conduct.
- U.S. District Judge Arun Subramanian will now decide remedies in a separate proceeding that could order damages, venue sales or a Ticketmaster spinoff.
- Live Nation disputed the $1.72 figure, said it applies only to 257 venues and certain consumer sales, and signaled it will appeal after the judge rules on pending motions.
- The verdict follows a March DOJ deal for $280 million and 13 venue sales that most states rejected, so the state case continued to trial.