From NPR.

A federal jury in New York has reached a verdict in the antitrust trial involving Live Nation and dozens of states: It finds the live entertainment company operated a monopoly over concert venues and overcharged ticket buyers.

The jury’s decision is a victory for dozens of states, which accused Live Nation of controlling too many aspects of the live entertainment industry. That includes through venue ownership, concert promotion, artist management and ticketing. The case was initially led by the U.S. Department of Justice. In March, one week after the trial began, the government and several states reached a settlement with the company. But the case went ahead — with 33 states and the District of Columbia as the plaintiffs.

The jury’s decision has the potential to radically reshape the live music industry.

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