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Live Nation fights monopoly suit loss, plans appeal
The Verge·
Live Nation intends to contest a recent jury verdict finding the company guilty of antitrust violations, warning that the decision is not final. The company plans to file a motion for the judge to overturn the verdict, arguing the prosecution failed to prove its case legally. Additionally, Live Nation is awaiting a decision on a separate motion to dismiss the testimony of a key expert witness whose analysis reportedly influenced the jury's damages award. The jury determined that Ticketmaster overcharged consumers by $1.72 per ticket, a finding Live Nation plans to appeal.
Tags
regulation
legal
Original Source
The Verge — theverge.com