Live Nation Found Liable in Antitrust Trial Over Ticketing Monopoly

Apr 15, 2026

A Manhattan federal jury found Live Nation liable for violating antitrust laws in a case brought by the U.S. Department of Justice and nearly 40 states. The verdict says the Ticketmaster parent company illegally monopolized parts of the live events and ticketing markets.
The decision opens the door for states and federal officials to seek remedies that could limit Live Nation’s power, including a possible breakup of the company or a sale of Ticketmaster. Live Nation is expected to appeal the ruling.
California’s attorney general called the verdict a historic victory for artists and fans. The case was decided after a six-week trial in New York federal court.

What did the jury decide about Live Nation?

The jury found that Live Nation violated antitrust laws and illegally monopolized ticketing and live events markets.

What could happen next after this verdict?

Officials may ask for remedies such as limits on Live Nation’s power, a breakup, or a sale of Ticketmaster. Live Nation is also expected to appeal.

Who sued Live Nation in this case?

The lawsuit was brought by the U.S. Department of Justice and nearly 40 states.

Why does this matter to investors and fans?

The ruling could change how Live Nation runs its ticketing business and may affect the company’s future structure and operations.

Sources
Live Nation found to be an illegal monopoly in antitrust trial
Business Insider
A Manhattan jury found Live Nation liable for violating antitrust laws. The DOJ and nearly 40 states sued to split the Ticketmaster parent company two years ago.
Live Nation Illegally Monopolized Concerts and Ticketing, Jury Finds
WSJ
The verdict paves the way for more than 30 states to seek measures curbing the company's power, including a possible breakup.
NY jury finds Live Nation illegally monopolized ticketing markets, Bloomberg New...
Reuters
Live Nation ​illegally monopolized ticketing ‌markets, a New York federal jury found ​Wednesday, Bloomberg News ​reported.
Live Nation Is An Illegal Monopoly, Jury Decides; CA AG Calls Verdict “Historic...
Deadline
With an encore sure to include appeals, calls to sell off Ticketmaster and more, Live Nation today was deemed an illegal monopoly by a federal jury in New York City.
Live Nation Illegally Overcharged Fans, Jury Says
Bloomberg Markets and Finance
Bloomberg Intelligence Senior Litigation Analyst Jennifer Rie discusses the jury verdict that found Live Nation illegally monopolized the live events industry and overcharged fans. The decision was reached in New York federal court on Wednesday after a six-week trial.
Live Nation stock falls as jury finds ticketing giant acted as an illegal monopo...
Market Watch
Shares of Live Nation sank on Wednesday after a jury found that the Ticketmaster parent had acted as an illegal monopoly over the ticketing industry, according to reports.
US jury finds Live Nation and Ticketmaster subsidiary operated monopoly
The Guardian
Verdict in states' lawsuit says concert giant stifled competition, raising pressure for changes to ticketing market
Ticketmaster owner Live Nation maintains an illegal monopoly, jury says in bombs...
New York Post
US District Judge Arun Subramanian will decide on what penalties Live Nation will need to pay as a result of the verdict, as well as appropriate remedies – including a potential breakup of the business.
Ticketmaster, Live Nation Has Illegal Monopoly Over Concert Venues, Jury Finds
Benzinga
The verdict delivered a significant defeat for the live entertainment giant and could cost the companies hundreds of millions of dollars.
Jury Decides Against Live Nation in Antitrust Trial
WSJ
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STATEMENT FROM LIVE NATION ENTERTAINMENT
PRNewsWire
LOS ANGELES, April 15, 2026 /PRNewswire/ -- The jury's verdict is not the last word on this matter. Pending motions will determine whether the liability and damages rulings stand.
Live Nation Loses Antitrust Case Brought by 33 States
PYMNTS
Live Nation will continue to fight an antitrust case brought by a coalition of states after a jury ruled against the company Wednesday (April 15). “The jury's verdict is not the last word on this matter,” the company said in a statement posted Wednesday.
Live Nation Turn Up The Heat After Monopoly Trial Loss: “Jury's Verdict Is Not T...
Deadline
Live Nation ain't turning the other cheek to a stinging jury verdict today that labelled the Ticketmaster-owning concert and talent promoter as a monopoly.
Live Nation Monopolized Ticket Sales, Jury Says. The Stock Drops.
Barrons
Live Nation Entertainment shares sank after a jury found the company and subsidiary Ticketmaster held a monopoly over ticket sales for major live entertainment events.
Live Nation and Ticketmaster ran a monopoly over big venues, jury finds
Skynews
Concert giant Live Nation and its subsidiary Ticketmaster have had a harmful monopoly over big music venues, a jury in the US has found.
Live Nation Stock Sinks After Jury Finds It Operated As A Monopoly
Investors Business Daily
Live Nation stock fell more than 6% on the news.
Live Nation and Ticketmaster had anticompetitive monopoly, US jury finds
Proactive Investors
A US federal jury has found that Live Nation Entertainment Inc (NYSE:LYV) and its subsidiary Ticketmaster engaged in anticompetitive conduct that contributed to an illegal monopoly in the US market for major concert ticketing and related live-event services. The verdict, delivered by a Manhattan fed...
Jury finds that Live Nation is an illegal monopoly, but a breakup with Ticketmas...
Market Watch
Some analysts say the most likely outcome for Live Nation would be more damages and penalties. Shares of the concert-ticketing giant rose on Thursday after falling a day earlier.
What's next for Live Nation? Jury reaches verdict in antitrust case over Ticketm...
Fast Company
Music lovers who have complained for years about Ticketmaster fees for concert tickets are surely reveling in a jury verdict Wednesday that found its parent company Live Nation has been running a harmful monopoly over large venues across the U.S.But they will have to wait to see if the verdict leads...
The Overwhelming Absurdity Of The Jury Verdict Against Live Nation
Forbes
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