Two of the largest ticket services for concerts and live events in the country have been found liable for raising ticket costs and deterring competition away from smaller vendors.
The verdict comes almost two years after 40 states, including Arizona, and the Justice Department sued Live Nation, alleging the company’s control of the live event industry suppressed competition.
In May, the DOJ and Live Nation reached a settlement, but Mayes and 33 other states opted to continue litigation.
The jury found Live Nation and Ticketmaster liable for monopolizing the ticket market, requiring artists to use its event promotion services and overcharging customers.
Mayes and the other states will seek remedies and financial penalties at a separate trial.
More business news from KJZZ
-
ESPN is reporting the Arizona Cardinals are finalizing a deal to trade wide receiver Marvin Harrison Jr. to a mystery team. Harrison, the son of Hall of Famer wide receiver Marvin Harrison Sr., will be inactive on Sunday against the Detroit Lions while the deal is finalized. -
Data analyst Abhay Padgoankar says a group of around 100 data centers and other large industrial users have nearly all of the increased demand on APS's system in recent years. To keep up with demand, he says, the utility is buying more power from outside suppliers and charging that across the entire rate base. -
Several window panels were broken at the Fisher Industries facility. The parent company, North Dakota-based Fisher Sand & Gravel, is contracted by the federal government for border wall construction. Tempe Police say investigators believe multiple people arrived around 4 in the morning to damage the building. -
The Mesa City Council approved landing fees at Falcon Field airport in March to help keep the airport self-sustaining. In April, the Federal Aviation Administration initiated a review over concerns the fees target specific airport users. -
Pima County has paused all data center development as leaders consider new rules and regulations for their development. The Goldwater Institute believes that pause goes against state property rights, but county officials say its necessary to buy time to revise their code to stop unregulated data center construction.
