A federal jury ruled that Live Nation illegally monopolized the U.S. concert ticketing market, finding the company guilty of overcharging fans and pressuring venues to use Ticketmaster. The verdict came after a group of states accused Live Nation of abusing its market power since merging with Ticketmaster in 2010. The company argued artists, not Ticketmaster, set ticket prices.

States will likely push for a breakup of the company, arguing it's the only way to fix the broken market. Live Nation denied being an illegal monopoly, claiming the states exaggerated its market influence. The company plans to appeal the verdict. Meanwhile, the Justice Department settled its separate case against Live Nation last month.

Live Nation shares fell more than 6% following the verdict, reflecting investor concerns about potential regulatory action. The ruling marks a significant setback for the entertainment giant and could reshape how concert tickets are sold in America. The case highlights growing scrutiny of tech and entertainment companies' market dominance.