Live Nation and Ticketmaster Found Guilty of Anticompetitive Monopoly

SummaryA federal jury in New York determined that Live Nation and Ticketmaster hold a harmful monopoly over large concert venuesThe verdict follows a highly publicized antitrust trial initiated by dozens of US states and the District of ColumbiaThe ruling could cost the entertainment conglomerate hundreds of millions in damages and potentially force it to divest venue propertiesLive Nation and its subsidiary Ticketmaster have officially lost a major antitrust lawsuit after a Manhattan federal ju...