Jury Rules Live Nation and Ticketmaster Operating as Monopoly, Opening Door to Market Reform
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A unanimous jury verdict has determined that Live Nation and its subsidiary Ticketmaster have been operating as a monopoly, using exploitative pricing and unfair promotional contracts with venues. While ticket prices may not drop immediately, this landmark decision could pave the way for meaningful changes to how the live entertainment industry operates and protects consumers.
A unanimous jury verdict has determined that Live Nation and its subsidiary Ticketmaster have been operating as a monopoly, using exploitative pricing and unfair promotional contracts with venues. While ticket prices may not drop immediately, this landmark decision could pave the way for meaningful changes to how the live entertainment industry operates and protects consumers.