SDNY jury awards $1.72 per-ticket overcharge to Pennsylvania AG and 40-state coalition.
A federal jury in the Southern District of New York found Live Nation Entertainment, Inc. and Ticketmaster, LLC liable on all monopolization counts in an antitrust lawsuit brought by Pennsylvania Attorney General Dave Sunday and a coalition of 40 state attorneys general. The jury determined that Ticketmaster overcharged consumers by $1.72 per ticket. Remedies including potential divestiture of Ticketmaster from Live Nation will be determined at a later court proceeding.
Sources
Federal Jury Finds Live Nation/Ticketmaster Monopoly Violation
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