A jury found Wednesday (April 15) that Live Nation and Ticketmaster violated federal and state antitrust laws by dominating the live music industry, capping off a blockbuster trial with a verdict that could ultimately see the two concert giants broken up.

After a five-week trial in Manhattan federal court, jurors sided with a coalition of state attorneys general who sued Live Nation. The states argued during closing statements that the concert giant was a “monopolistic bully” that had harmed competition and driven up ticket prices for fans.

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The verdict, which came after states called the company an abusive monopolist, raises the prospect that Live Nation will be forced to sell Ticketmaster.

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Billboard Canada FYI Calendar of Festival and Funding Deadlines: BreakOut West, Global Toronto

A roundup of deadlines for festivals, grants, conferences and other music business opportunities.

Festivals and Conference Submission Deadlines

Grants and Funding Deadlines

Other Conferences and Business Opportunities

Popular

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BILLBOARD CANADA FYI

A weekly briefing on what matters in the music industry

The verdict, which came after states called the company an abusive monopolist, raises the prospect that Live Nation will be forced to sell Ticketmaster.

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