HARTFORD, Conn. (WTNH) — A massive jury decision in New York this week is sending shockwaves through the entertainment industry, a decision that Connecticut has historically encouraged.

Connecticut Attorney General William Tong and a coalition of 33 other attorneys general won their lawsuit against Live Nation when the Manhattan court ruled Wednesday that Live Nation and its subsidiary, Ticketmaster, violated federal and state antitrust laws.

The decision from the court is to be met with appeals from Live Nation. One thing is for sure in the rest of the case; it is monumental, and it will be lengthy.

The lawsuits filed by dozens of states accused Live Nation of smothering competition and driving up prices for ticket buyers, resulting in the jury’s decision that Live Nation should be held liable for illegally maintaining monopoly power over the ticket industry.

“The fact that the states went ahead and litigated this case and won before a jury is really a remarkable, historical development,” legal expert Bob Langer said.

If the verdict holds, Langer says Live Nation could be facing strict penalties, including being forced to split from Ticketmaster, which would affect the entire industry.

“Eventually prices will go down, but we are a long, long way from that,” Langer said.

Langer told News 8 that appeals could reach the Supreme Court and take years. One New Haven event venue said it is too early to tell how the case will affect their ticketing practices.

Live Nation insists they are not a monopoly, but a successful company built by excellence and effort. The company said that it can and will appeal any unfavorable rulings.

Those who may be affected most are the buyers.

“We probably are being taken advantage of, but if there are people like me that have a crazy willingness to pay, the prices might increase at the end of the day,” Aaron Abrams, a fan of Peter Cat Recordings Co., said.

“I do see the monopoly, absolutely,” Laura, who buys her tickets off a site for military families, said. “I am very grateful that I don’t have to be a part of that. I will enjoy any ticket and any concert I can go to.”

Overall, music fans have shared a general consensus that they will follow the case, but will still be attending concerts either way.

“I would love to see the prices go back down,” Laura said. “I would love for everyone to have access to different events and concerts and be able to afford it.”

The case against Live Nation comes after the company agreed to a settlement with the federal government, but more than 30 states pressed on with the trial, saying not enough concessions were made by Live Nation.