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A federal jury in Manhattan on April 15 found Live Nation Entertainment and its Ticketmaster unit illegally monopolized ticketing and venue markets for major concert arenas and amphitheaters, delivering a victory to a coalition of more than 30 U.S. states.
Jurors concluded the companies used their control of venues and promotion services to squeeze out competitors and overcharged consumers; they calculated an overcharge of $1.72 per ticket for purchases in 22 states.
Judge Arun Subramanian will determine damages and possible remedies after post-trial motions.
The Department of Justice reached a separate $280 million settlement with Live Nation earlier this year that would require divestment of up to 13 amphitheaters and other concessions, but many states rejected that deal and pressed the trial forward.
Evidence aired at trial included internal messages from Ticketmaster employees boasting about gouging customers and testimony from CEO Michael Rapino.
Shares of Live Nation fell sharply after the verdict while rivals rose.
Live Nation said it would contest elements of the ruling and pursue appeals; the company has set aside funds related to the DOJ settlement.
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State attorneys generalānot the DOJāwon this verdict, spotlighting Live Nation/Ticketmasterās vertical control and fee-stacking that inflate ticket costs. While remedies and appeals could take months and outcomes are uncertain, commenters expect limited short-term relief for fans of major acts and potential benefits over time for mid-tier artists.






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