On Monday, Live Nation-Ticketmaster agreed to settle a federal antitrust lawsuit with the Department of Justice. Eight states so far have indicated they plan to join the settlement, a district attorney said in court, and four others remain unclear on their status. The case alleged that it illegally monopolized parts of the live events industry, [...]
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The Live Nation-Ticketmaster trial is back on. Dozens of states are expected to move forward with their claims against the company's alleged concert industry monopoly beginning on Monday, following a brief hearing on Friday. The Justice Department and a handful of states have accepted settlements with the company, but the majority of the 40 state [...]
Live Nation-Ticketmaster is an illegal monopolist, a Manhattan jury found, according to Bloomberg. The jury found the company liable on three counts: illegally monopolizing the market for live event ticketing, amphitheaters, and tying its concert promotions business with the use of its venues, Bloomberg reported. The verdict, reached after several days of deliberation, leaves the [...]
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