Antitrust and Big Tech

A Manhattan federal jury this month found that Live Nation and its ticketing arm, Ticketmaster, illegally monopolized "big concert venues," ruling after about four days of deliberation that the companies' conduct harmed competition and overcharged consumers. The jury concluded Ticketmaster charged an extra $1.72 per ticket in 22 states — a measure that by itself could expose the company to hundreds of millions in liability — and returned a verdict that sends the case into a remedies phase before U.S. District Judge Arun Subramanian. The judge has ordered the parties and the government to propose a schedule for that phase; he will set damages and any structural or behavioral remedies, but both sides signal more motions and appeals are likely.