LIVE NATION AND TICKETMASTER FOUND GUILTY OF MONOPOLY
LIVE NATION AND TICKETMASTER FOUND GUILTY OF MONOPOLY
A federal jury found that Live Nation and Ticketmaster illegally operated as a monopoly and overcharged fans on ticket prices. Jurors said customers paid about $1.72 extra per ticket because of the company’s control over concerts and major venues. The ruling could lead to major fines or even a breakup of the company.
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