The corporate giant currently building the next significant development project in the Lower Hill has lost an historic antitrust trial in a New York courtroom.<\/p>\n
Beverly Hills-based Live Nation<\/a> Entertainment Inc. (NYSE: LYV), which is close to completing its new 4,000-capacity Citizens Live at the Wylie performance venue in the Lower Hill at a price tag of $64 million<\/a>, was ruled by a jury in the United States court for the Southern District of New York to have violated antitrust laws.<\/p>\n Live Nation, known mostly for operating live performance venues, and Ticketmaster, its ticket service subsidiary, were found liable by a jury for overcharging consumers by controlling all aspects of the concert business, including ticketing, concert venue and promotion, determining that Ticketmaster overcharged its customers by $1.72 per ticket at its venues in 22 states.<\/p>\n Click here to read more from our partners at the Pittsburgh Business Times.<\/a><\/p>\n Download the FREE WPXI News app<\/a> for breaking news alerts.<\/p>\n Follow Channel 11 News on Facebook<\/a> and Twitter<\/a>. | Watch WPXI NOW<\/a><\/p>\n TOP STORIES FROM CHANNEL 11 NEWS <\/p>\n \u00a92026 Cox Media Group<\/p>\n