Live Nation and Ticketmaster had anticompetitive monopoly, US jury finds

A US federal jury has found that Live Nation Entertainment Inc (NYSE:LYV) and its subsidiary Ticketmaster engaged in anticompetitive conduct that contributed to an illegal monopoly in the US market for major concert ticketing and related live-event services. The verdict, delivered by a Manhattan federal jury after four days of deliberation, resolves the liability phase of an antitrust case brought by dozens of US states and the District of Columbia, alongside federal authorities.