US jury finds Live Nation and Ticketmaster created an illegal concert ticketing monopoly

A US federal jury ruled that Live Nation Entertainment and its subsidiary Ticketmaster engaged in anticompetitive practices that led to an illegal monopoly in the major concert ticketing market. The verdict followed a lawsuit by multiple US states and federal authorities alleging Live Nation used its control over ticketing, promotion, and venues to limit competition and overcharge consumers. The case now moves to a remedies phase where penalties and possible structural changes will be decided. Live Nation disputes the verdict and plans to challenge it, while its shares have risen amid the news.