The DOJ has accused the live-entertainment giant of wielding outsized control over the industry, but the company’s lawyers claim it “did not have monopoly power” during opening statements

The Guardian reported that Ticketmaster collects an average of $7.58 per ticket sold at major venues. According to an analysis cited by Jonathan Hatch, a New York attorney, fans in the states seeking damages may have overpaid between $1.56 and $1.72 per ticket.

John Abbamondi, former CEO of the Barclays Center in Brooklyn, said his venue paid dearly for dropping Ticketmaster for SeatGeek.

NEW YORK (AP) — A U.S. Justice Department lawyer told jurors at a civil antitrust trial Tuesday that the concert industry is broken because Ticketmaster and its parent Live Nation Entertainment have monopolized the market, driving up prices for consumers, but the companies say the government’s wrong.

The $280 million settlement may not be enough; North Carolina Attorney General Jeff Jackson called it a 'terrible deal' that doesn't truly break up the monopoly.

The Department of Justice (DOJ) on Monday reached a tentative settlement in its antitrust lawsuit against Live Nation, an entertainment giant that includes Ticketmaster.

The federal antitrust trial that could force the breakup of Live Nation and its Ticketmaster unit began Tuesday in Manhattan, with Justice Department lawyers arguing the concert giant leverages its dominance to stifle competition and inflate costs,