The Daily Populous

Thursday April 16th, 2026 night edition

image for Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues

NEW YORK (AP) — A jury found Wednesday that entertainment giant Live Nation, which hosts tens of thousands of concerts a year, and its Ticketmaster subsidiary had a harmful monopoly over big venues.

But it could cost Live Nation hundreds of millions of dollars and perhaps force the company to sell some of its concert venues when the judge hands out penalties later.

State attorneys general who sued Live Nation said the verdict could potentially lead to lower ticket prices for music fans.

AP AUDIO: Jury finds that Ticketmaster and Live Nation had an anticompetitive monopoly over big concert venues AP correspondent Julie Walker reports Ticketmaster and Live Nation lose their antitrust trial in New York.

Live Nation said in a statement that the verdict “is not the last word on this matter.”.

Live Nation Entertainment owns, operates, controls booking for or has an equity interest in hundreds of venues.

Live Nation insisted it is not a monopoly, saying that artists, sports teams and venues decide prices and ticketing practices. »

Iran-US war latest: White House denies it requested ceasefire extension as Tehran makes fresh shipping threat

Authored by independent.co.uk
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Close Trump says Iran was is 'very close to over'.

"Iran will act with strength to defend its national sovereignty and its interests”, Ali Abdollahi, commander of Iran's joint military command, said, adding that the blockade was "a prelude to violating the ceasefire”.

It came after Donald Trump announced that he was “permanently opening the Strait of Hormuz” and claimed that Chinese president Xi Jinping would give him a “big, fat hug” when they met. »

Ticketmaster is an illegal monopoly, jury finds

Authored by theverge.com
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Live Nation-Ticketmaster is an illegal monopolist, a Manhattan jury found, according to Bloomberg.

Such an outcome would go far beyond the settlement that the Trump administration’s DOJ reached with Live Nation one week into trial.

“A jury found what we have long known to be true: Live Nation and Ticketmaster are breaking the law and costing consumers millions of dollars in the process,” James said in a statement. »

Trump Hormuz Claim: 'Xi will give me big, fat hug': Trump says he opened Hormuz for China ... 'and the world'

Authored by timesofindia.indiatimes.com

HUGE Iran Ship With 2M BARRELS of Oil 'SHATTERS' US Blockade In Hormuz Trump 'SHOCKED'!

US President Donald Trump said China was “very happy” with his decision to permanently open the Strait of Hormuz, emphasising that he was “doing it for them” and the rest of the world.

He added that the situation would not recur and claimed that China had agreed not to send weapons to Iran. »