Live Nation illegally monopolized the market for tickets, protecting its position through pressure and leverage, jurors in Manhattan federal court found Wednesday.
The jury found Live Nation and its subsidiary, Ticketmaster, represent an illegal monopoly that used its position to make it harder for rivals to compete.
During the five-week trial, jury heard testimony from Ben Lovett of Mumford & Sons, Live Nation chief Michael Rapino and others.
The Live Nation logo is displayed at a Live Nation corporate office on March 9, 2026 in Beverly Hills, California.
Mario Tama/Getty Images
Last month, Live Nation and the federal government struck a surprise deal that required the company to admit no wrongdoing. Nearly three dozen states pursued their claims that Ticketmaster dominated major concert venues and kept prices high through anticompetitive practices.
The judge will decide how Live Nation should pay. The jury determined Ticketmaster overcharged consumers by $1.72 per ticket.
Live Nation, a live entertainment company, spans over 50 countries and puts on over 50,000 concerts and festivals each year, according to its website.
Live Nation and Ticketmaster did not immediately respond to ABC News’ requests for comment.
This is a developing story. Check back for updates.
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