Jury reaches no verdict on first day deliberating at Live Nation ticket monopoly trial
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NEW YORK (AP) — A jury finished its first day of deliberations Friday without reaching a verdict in an antitrust case pitting 34 states against the concert giant Live Nation Entertainment.
The states argue in the civil case that the company and its ticketing arm, Ticketmaster, are monopolizing the industry and driving up prices to see live music.
Live Nation contends there is more competition than ever and the company plays fair amid a U.S. booming concert business.
Soon after starting deliberations, the jury in Manhattan federal court told the judge it wanted to review certain testimony given at the five-week trial. It later asked to see additional trial testimony, including from music industry experts. Deliberations resume Monday.
The states carried on with their case after the federal government settled last month.
The Justice Department said it had won important concessions from Live Nation, particularly in the sale of tickets at dozens of the company’s amphitheaters.
A lawyer for the states said in closing arguments on Thursday that Live Nation controls 86% of the market for concerts and 73% of the overall market when sports events are included.
Live Nation’s lawyer said the company isn’t hiding from the fact that it’s the biggest entertainment company and ticketer in the country. But, the lawyer said, “success is not against the antitrust laws in the United States.”