Jury Finds Live Nation and Ticketmaster To Be Monopolists Over $1.72 Concert Ticket Price Increase |
Economics
Jury Finds Live Nation and Ticketmaster To Be Monopolists Over $1.72 Concert Ticket Price Increase
Punishing Live Nation and Ticketmaster for their success won't substantially lower primary ticket prices and will do nothing to address scalping.
Jack Nicastro | 4.17.2026 3:06 PM
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(Midjourney)
Live Nation and Ticketmaster were found liable for monopolizing parts of the live entertainment market on Wednesday, after a panel of jurors concluded that concertgoers were overcharged a whopping $1.72 per ticket at certain venues.
Live Nation, a venue operator and concert promoter, acquired Ticketmaster, which facilitates primary and secondary ticket sales, in 2010. In 2024, Live Nation was sued by the Justice Department, states, and the District of Columbia for allegedly monopolizing primary ticketing services, concert venues, and promotional services. (The motivation for the suit was misdirected public outrage over resale ticket prices to Taylor Swift's Eras Tour exceeding $2,000, whose sale Ticketmaster did not facilitate.)
In March, Live Nation settled with some of the plaintiffs, including the Justice Department, Arkansas, Iowa, Mississippi, Nebraska, Oklahoma, and South Dakota, by setting aside a combined $18.6 million for these states and accepting structural remedies.
The District of........