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 …
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Discussion
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@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]
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@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.
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@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…
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@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.
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@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
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@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]
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@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
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@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]
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@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…
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@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.
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@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…
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@innercitypress
@innercitypress
on x
Live Nation Death Sentence? The jury verdict form has been docketed, Inner City Press story coming [image]
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@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/...
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@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.”
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@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!
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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. …
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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. …
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@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...
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@misterjayem
@misterjayem
on bluesky
“After news of the verdict on Wednesday, shares of Live Nation stock fell by 6 percent.”
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@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 …
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@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.
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@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.
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r/nashville
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Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
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Ticketmaster is an illegal monopoly, jury finds
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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r/gratefuldead
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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r/business
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Live Nation illegally monopolized ticketing market, jury in antitrust trial finds | Live Nation has vehemently denied acting as a monopoly.
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r/Anticonsumption
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Ticketmaster is an illegal monopoly, jury finds
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r/neoliberal
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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r/NewsStarWorld
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Ticketmaster is an illegal monopoly, jury finds
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r/canes
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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
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r/wallstreetbets
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Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
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r/FolkPunk
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Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
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r/goodnews
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Ticketmaster is an illegal monopoly, jury rules
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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r/EatTheRich
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Ticketmaster is an illegal monopoly, jury rules
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r/circled
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BREAKING: Ticketmaster is an illegal monopoly, jury rules
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r/TheEntertainmentMix
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Ticketmaster is an illegal monopoly, jury rules
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r/phish
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Live Nation and Ticketmaster Illegally Monopolized Ticketing Market, Jury Finds
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r/PoliticalOptimism
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Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
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Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
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r/popheads
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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r/Destiny
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Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
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r/MediaMergers
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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r/Coachella
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
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Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
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LiveNation illegally monopolized ticketing market, jury in antitrust trial finds
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Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
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r/hiphopheads
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Jury Finds Live Nation Acts as a Monopoly in a Victory for States
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Ticketmaster is an illegal monopoly, jury rules
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r/news
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Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues
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r/technology
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Ticketmaster is an illegal monopoly, jury rules / This verdict is the first step toward a potential breakup of Live Nation-Ticketmaster.
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r/entertainment
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Live Nation Illegally Monopolized Ticketing Market, Jury Finds
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r/ireland
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Ticketmaster is an illegal monopoly, jury rules / This verdict is the first step toward a potential breakup of Live Nation-Ticketmaster.
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r/musicians
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Ticketmaster is an illegal monopoly, jury finds - potential breakup of Live Nation-Ticketmaster.
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r/LegalNews
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Live Nation illegally monopolized ticketing market, jury in antitrust trial finds