American judge steering major antitrust case against Live Nation
Multiple US states are pursuing a lawsuit against Live Nation and Ticketmaster, alleging monopolistic practices that suppress competition and inflate ticket prices. A settlement deal was announced, but many states plan to continue their legal efforts. The trial resumes Monday with key evidence and objections discussed.
Rapper and founder of Bad Boy Records, Combs, is challenging his conviction on prostitution charges and his four-year prison sentence. He was acquitted of sex trafficking and racketeering but convicted under the Mann Act. His legal team argues the sentence was improperly based on unproven conduct. The appeal is ongoing.
A federal jury has found Live Nation liable for monopolizing the concert industry and violating antitrust laws. The verdict follows a seven-week trial, with the jury determining that the company overcharged consumers and used its market dominance to benefit its own business. Judge Arun Subramanian will now decide on damages and remedies, including potential breakup or divestments.