Stay Nation, which operates the Ticketmaster platform, has been decided to be a monopoly. A federal jury handed down its choice immediately that the corporate violated federal and state antitrust guidelines. This discovering will not shock anybody who has used Ticketmaster and been sticker-shocked by their ultimate invoice. Nevertheless, it is unclear what the jury’s choice will imply in observe.
For starters, the choose overseeing the case hasn’t decided what cures will likely be utilized. The actions may go so far as requiring Stay Nation to dump Ticketmaster. There are additionally financial damages to be awarded, which have not been set but. And regardless of the choose decides, it is doubtless that Stay Nation will enchantment the choice. In a statement launched by Stay Nation immediately, the corporate famous that there are different motions nonetheless pending that might additionally influence the jury’s ruling. “After all, Stay Nation can and can enchantment any unfavorable rulings on these motions,” it mentioned.
The Division of Justice and a gaggle of state and district attorneys normal sued Stay Nation on monopoly claims in 2024. The federal government company reached a settlement with Stay Nation final month, however the different events continued their motion. There’s additionally a separate case being waged by the Federal Commerce Fee questioning whether or not Stay Nation colluded with ticket resellers.
Replace, April 15, 2025, 6:31PM ET: Added assertion from Stay Nation.
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