Current:Home > MarketsSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -MoneyTrend
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-16 06:08:11
It's been 13 years since the Justice Department allowed a merger between corporate giants Live Nation and Ticketmaster to go through, creating the largest live event company in the country, if not the world. The deal was subject to an agreement with the government that set certain conditions and limitations on the companies' operations, in order to prevent the conglomerate from becoming a monopoly.
"They said in the hearing it was something like 87% of the entire ticketing industry," says Variety senior editor Jem Aswad, "and it's hard to make a case that that's not a monopoly." Aswad joined All Things Considered following a Senate Judiciary Committee hearing Tuesday that focused on whether, after a Taylor Swift ticketing debacle in the fall and years of criticism from artists over anticompetitive practices by the company, a breakup of the two companies should be seriously considered.
To hear the full conversation, use the audio player at the top of this page.
veryGood! (53)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Christina Hall and Taylor El Moussa Enjoy a Mother-Daughter Hair Day Amid Josh Hall Divorce
- Phoenix police launch website detailing incidents included in scathing DOJ report
- General Hospital's Cameron Mathison Shares Insight Into Next Chapter After Breakup With Wife Vanessa
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Save Big at Banana Republic Factory With $12 Tanks, $25 Shorts & $35 Dresses, Plus up to 60% off Sitewide
- Matthew Perry's Final Conversation With Assistant Before Fatal Dose of Ketamine Is Revealed
- What the VP picks says about what Harris and Trump want for America's kids
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- South Africa’s du Plessis retains middleweight UFC title
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- 17 Target Home Essentials for an It Girl Fall—Including a Limited Edition Stanley Cup in Trendy Fall Hues
- Johnny Bananas and Other Challenge Stars Reveal Why the Victory Means More Than the Cash Prize
- Alligators and swamp buggies: How a roadside attraction in Orlando staved off extinction
- Former Syrian official arrested in California who oversaw prison charged with torture
- Police: 2 dead in Tennessee interstate crash involving ambulance
- Unpacking the Legal Fallout From Matthew Perry's Final Days and Shocking Death
- Dodgers All-Star Tyler Glasnow lands on IL again
Recommendation
Former Danish minister for Greenland discusses Trump's push to acquire island
Authorities investigate death of airman based in New Mexico
17 Target Home Essentials for an It Girl Fall—Including a Limited Edition Stanley Cup in Trendy Fall Hues
French actor and heartthrob Alain Delon dies at 88
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
What is a blue moon? Here's what one is and what the stars have to say about it.
Georgia deputy killed in shooting during domestic dispute call by suspect who took his own life
Songwriter-producer The-Dream seeks dismissal of sexual assault lawsuit