feed.gg
Engadget
engadget.com
Read at engadget.com ↗
newsPublished

Federal jury finds concert business Live Nation is a monopoly

A federal jury has determined that Live Nation, which operates the Ticketmaster platform, is a monopoly and has violated antitrust rules. The ruling's practical implications, including potential remedies like the sale of Ticketmaster and monetary damages, are still to be determined by the judge. The Department of Justice and state attorneys general had sued Live Nation on monopoly claims, with a separate case also being waged by the Federal Trade Commission.

EngadgetArticle tone: Positive
Original source

This article was reported and published by Engadget. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.

Open original ↗