Live Nation-Ticketmaster

More than 30 states are requesting that Judge Arun Subramanian order the breakup of Live Nation-Ticketmaster following an April jury verdict finding the company an illegal monopolist. The states are asking for a sale of the ticketing company and a sufficient number of large amphitheaters, along with restrictions on tying access to venues to the use of its promotion services.

Democrats held an unofficial hearing to criticize the Department of Justice's settlement with Live Nation-Ticketmaster, potentially previewing their approach to antitrust deals if they regain power. The settlement was worth up to $280 million. Democrats currently lack the power to set committee agendas.

A jury ruled that Live Nation-Ticketmaster is a monopoly in violation of federal and state antitrust laws. The states that brought the case should use their leverage to press for a settlement with real consumer protections. This could open up the marketplace to more competition.

Live Nation-Ticketmaster plans to appeal a jury verdict that found them guilty of antitrust violations, including overcharging consumers $1.72 per ticket. The company aims to challenge the states' case and awaits a court decision on disqualifying an expert witness's testimony.

A Manhattan jury ruled Live Nation-Ticketmaster an illegal monopolist, potentially leading to its breakup. This decision contrasts with a previous Trump-era settlement and could face appeals, with Judge Arun Subramanian considering remedies beyond settlement terms.

A jury is set to determine if Live Nation-Ticketmaster's business practices constitute illegal monopolization of the concert industry, following widespread consumer complaints and state-level antitrust claims. Over 30 states have pursued legal action against the company despite a federal settlement, with Pennsylvania's attorneys general office urging patience due to the volume of grievances.