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Jury finds Ticketmaster owner ran illegal monopoly

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Live Nation has owned Ticketmaster, the world's leading ticket seller, since 2010

Live Nation has owned Ticketmaster, the world's leading ticket seller, since 2010

A US jury on Wednesday found that entertainment giant Live Nation wielded monopoly power at its Ticketmaster business, violating federal and state antitrust laws, according to California's attorney general.

A verdict that could have profound repercussions in the concert world came after four days of deliberations, and remedies could include breaking up Live Nation and Ticketmaster.

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Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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