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.
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