Live Nation and Ticketmaster had monopoly over big venues, US jury finds
Verdict in states’ case says concert giant stifled competition in ticketing industry, raising pressure for changesConcert giant Live Nation and its Ticketmaster subsidiary had a harmful monopoly over big concert venues, a Manhattan federal jury has found, dealing the company a loss in a lawsuit over claims brought by dozens of US states.The jury deliberated for four days before reaching its decision on Wednesday in the closely watched case, which helped peel back the curtain on a business that dominates live entertainment across much of the world. Continue reading...
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