Federal jury finds Live Nation and Ticketmaster ran an illegal monopoly
A Manhattan federal jury found Live Nation's ticketing business operated as an illegal monopoly, raising pressure for remedies that could include spinning off Ticketmaster.
From the sources (3 posts)
@trungtphanI wrote about Live Nation, which a federal jury foudn is operating an illegal monopoly in ticketing. Ticket division is cash cow: while only 12% of sales, it makes up 42% of operating profit…fees out of control. A remedy may be to spin o
@trungtphanRT @TrungTPhan: I wrote about Live Nation, which a federal jury foudn is operating an illegal monopoly in ticketing. Ticket division is ca…
@newsforceTICKETMASTER RULED A MONOPOLY IN LANDMARK JURY VERDICT A Manhattan federal jury said Live Nation and Ticketmaster operated as a monopoly harming consumers for years. The ruling centers on the 2010 merger and its expired conditions. Sourc