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Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules

Home - CBSNews.com·Home - CBSNews.com·about 2 months ago
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Updated on: April 15, 2026 / 7:17 PM EDT / CBS News Add CBS News on Google A New York jury ruled on Wednesday that Live Nation and its Ticketmaster unit operated as an illegal monopoly, handing dozens of states an important legal win against the ticketing giant. The states in the civil case accused Live Nation of stifling competition, limiting consumer choice and driving up ticket prices for concert-goers.  Live Nation reached a deal with the Department of Justice in March to pay $280 million to states that sued the company over its practices. However, a coalition of 34 states rejected the federal settlement and vowed to move forward with litigation, with New York Attorney General Letitia James describing the suit as an effort to "restore fair competition to the live entertainment industry." As part of the March agreement with the Justice Department, Ticketmaster was required to sell at least 13 of its amphitheaters and enable third parties to use its technology platform to sell tickets.…

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