Live Nation CEO Confronted With Own Words on 'Too High' Ticket Fees in Antitrust Trial

Live Nation CEO Michael Rapino was confronted with his own comment that the ticket sales company's fees were "too high" during Thursday's appearance at the landmark antitrust trial. Specifically, Rapino was intensely probed by the lawyer representing more than 20 states - including New York, California and Tennessee, among others- that have sued the entertainment company for allegedly operating an illegal monopoly that has stifled competition and driven up ticket prices. While grilling Rapino, the lawyer, named Jeffrey Kessler, confronted the executive for having once bragged that . . .