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Live Nation Antitrust Trial Concludes

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Closing arguments wrapped in the Live Nation antitrust case, with 34 states accusing the concert giant of operating a monopoly that suffocated competition and drove up ticket prices. Internal documents containing phrases like "robbing them blind" became central evidence as prosecutors argued the company views itself "above the law" in Manhattan federal court.

The case centers on accusations that Live Nation pressured artists and venues to use its services. Ticketmaster's 86% market share at major concert venues serves as key evidence of the company's dominance. Live Nation's defense acknowledges its size but maintains being "big is not against the law" and that competition remains robust in the live music industry.

If found liable, Live Nation could face breakup orders or other remedies. The states are seeking monetary damages with an expert witness calculating overcharges of up to $1.70 per ticket. The trial serves as a test of the Trump administration's antitrust enforcement stance, with deliberations beginning after the judge read jury instructions.