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Story summary
- A federal jury ruled that Live Nation Entertainment operated as an illegal monopoly in the live entertainment sector.
- The seven-week trial concluded the company violated antitrust laws.
- The ruling could prompt changes in ticketing practices and concert promotion in the United States.
- The jury found consumers were overcharged by an average of $1.72 per ticket.
- State attorneys general seek remedies including divestitures and may bolster private antitrust lawsuits.
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