TBA Law Blog


Posted by: Julia Wilburn on Apr 16, 2026

A jury on Wednesday found Live Nation and its Ticketmaster subsidiary guilty of maintaining an illegal monopoly over major concert venues, following a lawsuit brought by dozens of states, including Tennessee. The Associated Press reports that the verdict could cost the companies hundreds of millions of dollars, as jurors determined customers were overcharged by $1.72 per ticket across 22 states. While Live Nation vowed to appeal and downplayed the financial impact, state attorneys general celebrated the ruling as a potential path to lower ticket prices for consumers. Tennessee Attorney General Jonathan Skrmetti issued a statement, saying, “Thanks to a relentless bipartisan coalition of states, [the companies are] finally being held accountable.” A separate penalty phase will determine whether the company must divest assets such as concert venues. The states decided to continue the suit after the U.S. Department of Justice settled with Live Nation and withdrew from the case in March.