Jury rules Live Nation an illegal monopoly, citing overcharging and anticompetitive practices.

A federal jury in New York City found Live Nation, the major concert promoter and Ticketmaster operator, guilty of being an illegal monopoly. The verdict followed a five-week trial led by California and other states, highlighting Live Nation's internal plans to overcharge consumers and exploit its market power. The jury noted Live Nation charged nearly $2 extra per ticket, contributing to its $25 billion revenue in 2025. The ruling is seen as a major victory for artists, fans, and venues, with potential consequences including fines and company breakup. Meanwhile, a controversial DOJ settlement with Live Nation remains unsigned, and many states continue litigation against the company.