States seek Live Nation-Ticketmaster breakup

Over 30 states are urging a federal judge to dismantle Live Nation-Ticketmaster, seeking to force the sale of the ticketing giant and a significant number of large amphitheaters. The legal action follows a jury's April verdict that the company operates as an illegal monopolist. The proposed remedies aim to prevent Live Nation from leveraging its market dominance by tying access to its remaining venues with the mandatory use of its own promotion services. This move signals a significant challenge to the company's long-standing business practices and market control.