Live Nation says it will fight monopoly suit loss
After a jury found that Live Nation-Ticketmaster violated antitrust law on several counts, the company warns in a blog post that the verdict "is not the last word on this matter."
The company plans to renew a motion for the judge to issue a ruling against the states, claiming that they did not prove their case as a matter of law. It also awaits the court's decision on a separate motion to strike the testimony of one of the states' expert witness, whose analysis they say helped inform the jury's damages award. The jury found that Ticketmaster overcharged consumers $1.72 per ticket.
"Of course, Live Nation can and will appeal any unfavorable ...