Ticketmaster , Live Nation overcharged fans , verdict says . What to know
Case Summary
A Manhattan federal jury in a verdict Wednesday found that Ticketmaster and Live Nation acted as a monopoly and overcharged concertgoers. Connecticut is one of 33 states and Washington, D.C., that rejected Live Nation's and the Department of Justice's $280 million settlement in March. Attorneys general from the state will meet and deliver a joint letter by next week to U.S. District Judge Arun Subramanian that proposes a schedule for next steps, according to The Associated Press.
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1 eventTicketmaster , Live Nation overcharged fans , verdict says . What to know
A Manhattan federal jury has ruled that Ticketmaster and Live Nation acted as a monopoly and overcharged concertgoers, potentially affecting millions of fans. This decision is significant because it challenges the $280 million settlement previously agreed upon by the companies and the federal government, and it will prompt a joint letter from state attorneys general proposing the next steps in the legal proceedings.