{"id":51738,"date":"2026-04-15T20:34:30","date_gmt":"2026-04-15T20:34:30","guid":{"rendered":"https:\/\/foreignnewstoday.com\/?p=51738"},"modified":"2026-04-15T20:34:30","modified_gmt":"2026-04-15T20:34:30","slug":"us-jury-finds-live-nation-and-ticketmaster-subsidiary-operated-monopoly-business","status":"publish","type":"post","link":"https:\/\/foreignnewstoday.com\/?p=51738","title":{"rendered":"US jury finds Live Nation and Ticketmaster subsidiary operated monopoly | Business"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"dcr-130mj7b\">A jury has found that concert giant Live Nation and its <a href=\"https:\/\/www.theguardian.com\/business\/ticketmaster\" data-link-name=\"in body link\">Ticketmaster<\/a> subsidiary had a harmful monopoly over big concert venues, dealing the company a loss in a lawsuit over claims brought by dozens of US states.<\/p>\n<p class=\"dcr-130mj7b\">A Manhattan federal jury deliberated for four days before reaching its decision Wednesday in the closely watched case, which gave fans the equivalent of a backstage pass to a business that dominates live entertainment in the US and beyond.<\/p>\n<p class=\"dcr-130mj7b\">Live Nation Entertainment owns, operates, controls booking for or has an equity interest in hundreds of venues. Its subsidiary <a href=\"https:\/\/www.theguardian.com\/business\/ticketmaster\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\">Ticketmaster<\/a> is widely considered to be the world\u2019s largest ticket-seller for live events.<\/p>\n<p class=\"dcr-130mj7b\">The civil case, initially led by the US federal government, accused Live Nation of using its reach to smother competition \u2013 by blocking venues from using multiple ticket sellers, for example.<\/p>\n<p class=\"dcr-130mj7b\">\u201cIt is time to hold them accountable,\u201d Jeffrey Kessler, an attorney for the states, said in a closing argument, calling Live Nation a \u201cmonopolistic bully\u201d that drove up prices for ticket buyers.<\/p>\n<p class=\"dcr-130mj7b\">Live Nation insisted it\u2019s not a monopoly, saying that artists, sports teams and venues decide prices and ticketing practices. A company lawyer insisted its size was simply a function of excellence and effort.<\/p>\n<p class=\"dcr-130mj7b\">\u201cSuccess is not against the antitrust laws in the United States,\u201d David Marriott, an attorney, said in his summation.<\/p>\n<p class=\"dcr-130mj7b\">Ticketmaster was established in 1976 and merged with Live Nation in 2010. The company now controls 86% of the market for concerts and 73% of the overall market when sports events are included, according to Kessler.<\/p>\n<p class=\"dcr-130mj7b\">Ticketmaster has long drawn ire from fans and some artists. Grunge rock titans Pearl Jam battled the business in the 1990s, even filing an anti-monopoly complaint with the US Department of Justice, which declined to bring a case then.<\/p>\n<p class=\"dcr-130mj7b\">Decades later, the justice department, joined by dozens of states, brought the current lawsuit during Joe Biden\u2019s administration. Days into the trial, Donald Trump\u2019s administration announced it was settling its claims against Live Nation.<\/p>\n<p class=\"dcr-130mj7b\">The deal included a cap on service fees at some amphitheaters, plus some new ticket-selling options for promoters and venues \u2013 potentially allowing, but not requiring, them to open doors to Ticketmaster competitors such as SeatGeek or AXS. But the settlement doesn\u2019t force Live Nation to split from Ticketmaster.<\/p>\n<p class=\"dcr-130mj7b\">A handful of the states joined the settlement. But more than 30 pressed ahead with the trial, saying the federal government hadn\u2019t gotten enough concessions from Live Nation.<\/p>\n<p class=\"dcr-130mj7b\">The trial brought Live Nation CEO, Michael Rapino, to the witness stand, where he was questioned about matters including the company\u2019s Taylor Swift ticket debacle in 2022. Rapino blamed a cyberattack.<\/p>\n<p class=\"dcr-130mj7b\">The proceedings also aired a Live Nation executive\u2019s internal messages declaring some prices \u201coutrageous\u201d, calling customers \u201cso stupid\u201d and boasting that the company \u201crobbing them blind, baby\u201d.<\/p>\n<p class=\"dcr-130mj7b\">The executive, Benjamin Baker, apologetically testified that the messages were \u201cvery immature and unacceptable\u201d.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theguardian.com\/business\/2026\/apr\/15\/live-nation-ticketmaster-monopoly-ruling\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A jury has found that concert giant Live Nation and its Ticketmaster subsidiary had a harmful monopoly over big concert venues, dealing the company a loss&hellip;<\/p>\n","protected":false},"author":1,"featured_media":51739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-51738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news"],"_links":{"self":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/51738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51738"}],"version-history":[{"count":0,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/posts\/51738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=\/wp\/v2\/media\/51739"}],"wp:attachment":[{"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/foreignnewstoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}