On Wednesday, April 15th, the ticketing platform and concert production company Live Nation, and its Ticketmaster subsidiary, faced the final verdict of the major antitrust suit. A federal jury found that the company broke several federal and state antitrust laws while operating as an illegal monopoly. According to news writer Moses Jeanfrancois at Inc.com, the ruling comes after a long, highly anticipated trial that began in 2024. Per Jeanfrancois, the entertainment company that runs Ticketmaster has used retaliation and exclusive contracts, negatively affecting the competitive environment.
Background
The lawsuit originally…
