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Chronicles

The story behind the story

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A US jury finds Live Nation and Ticketmaster illegally maintained monopoly power in the ticketing market, in a case brought by state AGs after the DOJ settled

The federal government struck a settlement with Live Nation in March, requiring Ticketmaster to divest up to 13 amphitheaters …

NBC News

Discussion

  • @johnmarknewman John Mark Newman on x
    What's next in the Live Nation/Ticketmaster monopolization saga? The awkward, midstream settlement by USDOJ was presumably intended to make the case go away, but it may well have the opposite effect. It could set a floor for remedies and increase the chance of a breakup. [image]
  • @jkbustertruster Jonathan Kanter on x
    It's official: a jury found that Live Nation/Ticketmaster is a monopoly. I am so proud to have filed this case on 2024. This may be the most popular antitrust case ever. Kudos to the State AGs for finishing the job. The rule of law is alive and well.
  • @linamkhan Lina Khan on x
    For years, Ticketmaster/Live Nation has abused its power against musicians, fans, and venues, dominating the live music industry while worsening it for everyone else.  This jury verdict holding that the company violated state and federal antitrust laws is a key first step towards…
  • @newyorkstateag Ny Ag on x
    We just won our trial against @LiveNation and @Ticketmaster. A jury ruled in our favor and is holding the companies responsible for their illegal monopoly that cost consumers millions of dollars. This is a landmark victory to protect New Yorkers from harmful monopolies.
  • @dcattorneygen AG Brian Schwalb on x
    BREAKING: We just won our antitrust trial against @LiveNation and @Ticketmaster. Live Nation has raked in billions in profits from an illegal monopoly that coerces venues, restricts artists, and exploits fans. DC and a bipartisan coalition of 33 states refused to join DOJ's
  • @kenpaxtontx Attorney General Ken Paxton on x
    🚨BREAKING: I just secured victory against Live Nation in court to end its illegal monopolization and make live events more affordable. [image]
  • @jeffjacksonnc Jeff Jackson on x
    We just won. Ticketmaster / Live Nation was the biggest antitrust case in years. A jury just ruled for us on all claims. We brought this case with a big group of AGs and USDOJ - until last month, when USDOJ cut a backroom deal with Live Nation in the middle of the trial and
  • @agrobbonta Rob Bonta on x
    NEWS: A jury today found Live Nation/ Ticketmaster liable for being an illegal monopolist that harmed consumers and the music industry. This is a historic and resounding victory for artists, fans, and the venues that support them. [image]
  • @econliberties @econliberties on x
    In a historic victory for fans, artists, promoters, and venue owners, a jury has determined Live Nation-Ticketmaster illegally monopolized ticketing markets.  “This jury verdict is vindication for the states who pursued this case and for the rule of law.  Now the remedy must matc…
  • @agellison Attorney General Keith Ellison on x
    BREAKING: A jury found that Live Nation and Ticketmaster run illegal monopolies that drives up the cost of concert tickets and hurts both artists and venues. This is a win for everyone who thinks concert tickets are too damn expensive. I'm proud to have brought this lawsuit.
  • @trungtphan Trung Phan on x
    A federal jury just found Live Nation has operated as a monopoly and broken antitrust rules. Potential remedy is divesture of Ticketmaster (argument is Live Nation forces venues to use its ticketing service or else lose concert tours). Ticketing is cash cow: while only 12% of [im…
  • @innercitypress @innercitypress on x
    Live Nation Death Sentence? The jury verdict form has been docketed, Inner City Press story coming [image]
  • @choprausa Rohit Chopra on x
    Today, a jury found that @LiveNation, the owner of @Ticketmaster, engaged in a multiyear monopolization scheme that gouged fans and cheated performers. State attorneys general kept prosecuting this case, even as @TheJusticeDept capitulated. https://www.nytimes.com/...
  • @amyklobuchar Amy Klobuchar on x
    Breaking news: New York jury finds Ticketmaster/Live Nation to be an anticompetitive monopoly. FINALLY. A jury says the truth about what nearly everyone in Washington keeps denying. Now we need remedies that help fans & lower prices, unlike DOJ meaningless “settlement.”
  • @scottfriedman3 Scott Friedman on x
    🚨.@LiveNation is found guilty for being a monopoly. The judge will decide the punishment. A big win for other ticket exchanges, fans, and artists!
  • Henry Hauser Henry Hauser on linkedin
    Grateful to everyone on the Live Nation - Ticketmaster trial team (which includes so many people not pictured here) for all of the hard work, resilient spirit, and friendship. …
  • Sean Bukowski Sean Bukowski on linkedin
    I'm not an antitrust lawyer, but the below seems like a really good decision.  Hard to see how the merger between Live Nation and Ticketmaster should have been approved in the first place. …
  • @laurenmeidasa Lauren Ashley Davis on bluesky
    BREAKING 🚨 🚨 🚨  —  A jury in a high-stakes antitrust trial on Wednesday found that Live Nation and its subsidiary, Ticketmaster, illegally maintained monopoly power in the ticketing market.  —  www.nbcnews.com/business/con...
  • @misterjayem @misterjayem on bluesky
    “After news of the verdict on Wednesday, shares of Live Nation stock fell by 6 percent.”
  • @mrsdeborahlynn Deborah Lynn on bluesky
    www.nbcnews.com/business/con...  Jury finds Live Nation and its subsidiary, Ticketmaster, illegally maintained monopoly power in the ticketing market.  —  Lawsuit alleged the company engaged in “anticompetitive conduct,” resulting in fans paying higher fees, artists having fewer …
  • @estherschindler Esther Schindler on bluesky
    Ticketmaster is an illegal monopoly, jury rules  —  The verdict, reached after several days of deliberation, leaves the live entertainment giant open to a potential breakup.
  • @dcattorneygeneral @dcattorneygeneral on bluesky
    DC and a bipartisan coalition of 33 states refused to join the Department of Justice's settlement because it failed to hold Live Nation accountable.  —  Now, a jury has declared Live Nation to be an illegal monopoly — and awarded damages for years of exploitation.
  • r/nashville r on reddit
    Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
  • r/qualitynews r on reddit
    Ticketmaster is an illegal monopoly, jury finds
  • r/deadandcompany r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/gratefuldead r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/business r on reddit
    Live Nation illegally monopolized ticketing market, jury in antitrust trial finds |  Live Nation has vehemently denied acting as a monopoly.
  • r/Anticonsumption r on reddit
    Ticketmaster is an illegal monopoly, jury finds
  • r/neoliberal r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/NewsStarWorld r on reddit
    Ticketmaster is an illegal monopoly, jury finds
  • r/canes r on reddit
    Not entirely sure what this entails for the Lenovo Center and its future events and ticketing processes, but Ticketmaster/LiveNation just lost their antitrust case
  • r/wallstreetbets r on reddit
    Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
  • r/FolkPunk r on reddit
    Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
  • r/goodnews r on reddit
    Ticketmaster is an illegal monopoly, jury rules
  • r/democrats r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/EatTheRich r on reddit
    Ticketmaster is an illegal monopoly, jury rules
  • r/circled r on reddit
    BREAKING: Ticketmaster is an illegal monopoly, jury rules
  • r/TheEntertainmentMix r on reddit
    Ticketmaster is an illegal monopoly, jury rules
  • r/phish r on reddit
    Live Nation and Ticketmaster Illegally Monopolized Ticketing Market, Jury Finds
  • r/PoliticalOptimism r on reddit
    Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
  • r/entertainment r on reddit
    Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
  • r/popheads r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/Destiny r on reddit
    Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
  • r/MediaMergers r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/Coachella r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/phish r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/JusticeServed r on reddit
    Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
  • r/law r on reddit
    Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
  • r/Music r on reddit
    LiveNation illegally monopolized ticketing market, jury in antitrust trial finds
  • r/punk r on reddit
    Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
  • r/hiphopheads r on reddit
    Jury Finds Live Nation Acts as a Monopoly in a Victory for States
  • r/politics r on reddit
    Ticketmaster is an illegal monopoly, jury rules
  • r/news r on reddit
    Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
  • r/technology r on reddit
    Ticketmaster is an illegal monopoly, jury rules / This verdict is the first step toward a potential breakup of Live Nation-Ticketmaster.
  • r/entertainment r on reddit
    Live Nation Illegally Monopolized Ticketing Market, Jury Finds
  • r/ireland r on reddit
    Ticketmaster is an illegal monopoly, jury rules / This verdict is the first step toward a potential breakup of Live Nation-Ticketmaster.
  • r/musicians r on reddit
    Ticketmaster is an illegal monopoly, jury finds - potential breakup of Live Nation-Ticketmaster.
  • r/LegalNews r on reddit
    Live Nation illegally monopolized ticketing market, jury in antitrust trial finds