The Guardian | Ticketmaster keeps an average of $7.58 of the price of each ticket for events at major concert venues, an attorney for New York state told jurors at a trial on Tuesday in which dozens of states are seeking to recoup damages for fans.
Ticketmaster and its parent company, Live Nation, are accused of abusing their market power to prop up illegal monopolies in the concert industry. The trial in Manhattan could result in the US Department of Justice arguing for a breakup of Live Nation and Ticketmaster or the companies paying compensation to ticket purchasers.
The DoJ and the attorneys general of New York and 38 other states plus Washington DC claim the entertainment conglomerate dominates live-event markets in ways that hurt artists, venues and fans.
“Today, the concert ticket industry is broken, in fact the concert industry itself is broken,” DoJ attorney David Dahlquist told jurors in his opening statement. “It is controlled by a monopolist. It is controlled by Live Nation.”
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https://www.theguardian.com/business/2026/mar/03/ticketmaster-trial-begins-concert-tickets