The future of the live music industry’s most powerful partnership could soon be decided in court.
Following a major antitrust trial, a federal jury recently ruled that Live Nation, the parent company of Ticketmaster, illegally monopolized the concert ticketing market — a verdict that could potentially lead to structural changes to the company, including the possibility of forcing Live Nation to separate from Ticketmaster.
The decision comes after more than 30 U.S. states brought a lawsuit accusing Live Nation of using its dominance in concert promotion, venues, and ticketing to squeeze out competition and raise prices for…
