Live Nation Found Guilty of Ticketing Monopoly

Live Nation has been found guilty of operating an illegal monopoly in the concert ticketing market following a trial won by a coalition of 33 states. The Justice Department had previously settled its case mid-proceedings, but the state-led trial has now concluded with a guilty verdict. This ruling opens the door for a potential breakup of Ticketmaster, Live Nation's subsidiary, which has long faced scrutiny over its market dominance and associated fees.