Live Nation and Ticketmaster illegally monopolized big concert venues, jury rules

A New York jury ruled on Wednesday that Live Nation operated as an illegal monopoly, handing dozens of states an important legal win against the ticketing giant.

Live Nation reached a deal with the Department of Justice last month to pay $280 million to states that sued the company over its practices. 

However, a contingent of states vowed to move forward with litigation in what Attorney General Letitia James of New York said was an effort to “restore fair competition to the live entertainment industry.”

The verdict came after less than a week of deliberations in a federal courtroom in New York.

Live Nation, the parent company of Ticketmaster, did not immediately respond to a request for comment. 

—This is a developing story and will be updated