Live Nation Illegally Monopolized Live Events, Jury Says (2)

Live Nation Entertainment Inc., the largest US concert promoter and ticket seller, illegally monopolized the live events industry and overcharged fans, a New York federal jury concluded Wednesday.

Following a six-week trial, the jury found in favor of a coalition of 33 states and Washington DC who sued the company, handing a massive victory on all their antitrust claims after the US Justice Department bowed out of the case with a settlement after the first week.

The jury of seven women and two men found that Live Nation illegally monopolized the market for ticketing services, concert ticketing and the ...