Are you sick of paying through the nose for concert tickets? Well, relief and JUSTICE may finally be on their way.
In a federal court in New York yesterday, a jury ruled that Live Nation and its subsidiary Ticketmaster created a monopoly that squashes competition and drives up ticket prices.
Now we await the judge's decision on what we do about this. Not surprisingly, a lot of people are calling for the companies to be split apart.
Back in 2024, the Biden Justice Department and nearly 40 states launched the lawsuit, calling for a breakup of Live Nation and Ticketmaster.
Last month, the DOJ under President Trump announced a settlement with the two companies, and backed out of the lawsuit along with several states. But more than 30 states kept fighting. And yesterday, they won.
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