Skip to main content

Share story

Products Policy

Federal jury finds Live Nation operates as monopoly

Federal jury finds Live Nation operates as monopoly Image: Primary
A federal jury has determined that Live Nation, the parent company of Ticketmaster, operates as a monopoly in violation of antitrust laws. The jury found that Live Nation violated both federal and state competition rules. The decision comes after years of complaints from concertgoers about high fees and limited ticket purchasing options through the dominant ticketing platform. What happens next remains uncertain. The judge presiding over the case has not yet decided what remedies to impose. Possible actions could include requiring Live Nation to divest Ticketmaster or pay monetary damages, though the exact amounts have not been set. Live Nation indicated it plans to appeal the decision. In a statement, the company noted that other motions are still pending and said, “Of course, Live Nation can and will appeal any unfavorable rulings on these motions.” The case originated with a lawsuit filed by the Department of Justice and a coalition of state and district attorneys general in 2024. While the DOJ reached a settlement with Live Nation last month, other parties continued pursuing the litigation. Separately, the Federal Trade Commission is examining whether Live Nation colluded with ticket resellers, adding another layer of regulatory scrutiny to the company’s business practices.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Engadget, TechCrunch and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital AI
Capital AI

Nevis raises $70M with Schwab joining wealth software investors

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital,...

Robotics Capital
Robotics Capital

Bedrock Robotics raises $600M at a $4.1B valuation

Bedrock Robotics raised a $600M Series C at a $4.1B valuation, Bloomberg reported. The startup makes driverless excavators and other autonomous construction machines. The financing adds capital to a company developing autonomous ...

Capital
Capital

Matiks raises $10 million to expand puzzle games and game creation

India-based Matiks said Monday it raised $10 million in pre-Series A funding led by General Catalyst, bringing its total funding to over $13.5 million. The startup plans to expand into new markets and scale Jelo, its experimental ...

Security
Security

Apple patches 329 unique vulnerabilities across its software

Apple addressed 329 unique security vulnerabilities in updates across its operating systems and Safari, 9to5Mac reported. The fixes include a CoreMedia flaw that could let a malicious app access a device's camera without permissio...

AI Products
AI Products

AWS makes GPT-6.1 Terra generally available on Bedrock

AWS announced general availability of OpenAI's GPT-6.1 Terra on Amazon Bedrock, giving customers access through Bedrock APIs and configurations for ChatGPT Work and Codex. The model accepts text and images and supports up to 1 mil...

AI
AI

OpenAI releases GPT-6.1 Terra at $1 per million input tokens

OpenAI has released GPT-6.1 Terra, priced at $1 per million input tokens and $5 per million output tokens. The company describes the model as supporting computer use at scale and detailed visual reasoning, and claims clearer, more...