Jury finds Ticketmaster owner ranillegal monopoly

AFP

A US jury on Wednesday found that entertainment giant Live Nation wielded monopoly
power at its Ticketmaster business, violating federal and state antitrust laws, according to
California’s attorney general.

A verdict that could have profound repercussions in the concert world came after four days of
deliberations, and remedies could include breaking up Live Nation and Ticketmaster.

The jury found Live Nation and Ticketmaster liable for anticompetitive conduct that harmed
the music industry and included overcharging consumers, according to California attorney
general Rob Bonta.

“This is a historic and resounding victory for artists, fans, and the venues that support them,”
Bonta said in a release.

“In the face of dwindling antitrust enforcement by the Trump Administration, this verdict
shows just how far states can go to protect our residents from big corporations that are using
their power to illegally raise prices and rip-off Americans.

“We are incredibly proud of today’s outcome — and especially proud of our coalition made up
of red and blue states alike who understood we needed to come together to protect our
consumers, businesses, and state economies from Live Nation’s illegal conduct.”

The jury found that Live Nation overcharged for tickets sold to consumers from May 2020
through 2024, according to Bonta.

DOJ settlement

US judge Arun Subramaniam is to determine monetary damages to impose on Live Nation,
along with conditions meant to prevent it from abusing its power in the live event ticket
market.

The case was initiated under former president Joe Biden in May 2024, when the Department
of Justice (DOJ) labeled Live Nation a monopolist that controlled virtually all live entertainment in the United States.

The California-based company is a behemoth in its industry: in 2025, it organized more than 55,000 events worldwide, drawing 159 million attendees.

Beyond promotion, it holds stakes in 460 venues and has controlled Ticketmaster, the world’s
leading ticket seller, since 2010.

The US government accused Live Nation of abusing its dominant position to pressure artists
and venues into signing with it, stifling competition, and imposing excessive fees on fans. It called for Live Nation to divest Ticketmaster and take other corrective measures.

Live Nation reached a tentative settlement with the US Justice Department just days after the
trial started in New York, but an alliance of states that had signed on to the case continued to
press it in court.

The settlement requires Live Nation to open up the ticketing platform to competitors and to
allow other promoters to stage events at certain Live Nation venues, Justice Department
officials said.

Live Nation will divest up to 13 amphitheaters and pay $280 million in damages to the nearly
40 states that were parties to the antitrust lawsuit against the California-based company.

Democratic Senator Elizabeth Warren condemned the settlement in a post on X at the time.
“Donald Trump just betrayed every fan who’s been exploited by Ticketmaster,” Warren said.

“This fine is less than one percent of Live Nation’s revenue last year. We need to break up
Ticketmaster and Live Nation.”