A federal jury in New York ruled that Live Nation and Ticketmaster operate an illegal monopoly following an antitrust lawsuit led by the US DOJ and multiple states.The court found that anticompetitive practices caused significant price inflation for concert tickets, with potential damages now expected to reach hundreds of millions of dollars.Judge
Arun Subramanian will determine if the company must divest assets or undergo a structural breakup to restore fair competition in the live entertainment industry.