Are living Country, which operates the Ticketmaster platform, has been decided to be a monopoly. A federal jury passed down its choice these days that the corporate violated federal and state antitrust regulations. This discovering would possibly not marvel someone who has used Ticketmaster and been sticker-shocked via their ultimate invoice. Alternatively, it is unclear what the jury’s choice will imply in follow.
For starters, the pass judgement on overseeing the case hasn’t decided what therapies will likely be implemented. The movements may pass so far as requiring Are living Country to unload Ticketmaster. There also are financial damages to be awarded, which have not been set but. And regardless of the pass judgement on comes to a decision, it is also most probably that Are living Country will attraction the verdict. We have now reached out to Ticketmaster for remark.
The Division of Justice and a gaggle of state and district legal professionals normal sued Are living Country on monopoly claims in 2024. The federal government company reached a agreement with Are living Country ultimate month, however the different events endured their motion. There may be additionally a separate case being waged via the Federal Business Fee wondering whether or not Are living Country colluded with price tag resellers.
