Live Nation illegally monopolized ticketing market, jury finds

Article

• Federal jury found Live Nation/Ticketmaster illegally monopolized concert ticketing
• Ticketmaster sells ~10x more tickets than its closest rival AEG
• Jury found overcharging of $1.72 per ticket; remedy phase pending
• Case kept alive by 30 state AGs after federal administration change

Discussion

• Commenters note Pearl Jam fought Ticketmaster in 1994 — vindication 30 years later
• Vertical integration (primary + resale in one company) seen as bigger issue than scale
• Skepticism on impact: ‘$1.72 overcharge’ vs. hundreds in actual fees; expect ‘slap on wrist’
• Federalism praised: state AGs kept case alive when DOJ dropped it

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