US jury finds Live Nation and Ticketmaster subsidiary operated monopoly

Verdict in states' lawsuit says concert giant stifled competition, raising pressure for changes to ticketing market

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 in a lawsuit over claims brought by dozens of US states.

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.