NYSE:LYVEntertainment
Live Nation Monopoly Ruling Puts Spotlight On Valuation And Legal Risks
A U.S. court recently found that Live Nation Entertainment and its Ticketmaster unit maintained a harmful monopoly over major concert venues.
The decision centers on how Live Nation (NYSE:LYV) and Ticketmaster structure ticketing and promotion agreements with venues and promoters.
The ruling raises questions about how Live Nation operates its core ticketing and concert promotion business in the U.S.
Live Nation runs a large concert and live events business, combining promotion, venue...