Current:Home > ScamsSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -VitalWealth Strategies
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-13 16:52:20
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! (145)
Related
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Murder on Music Row: An off-key singer with $10K to burn helped solve a Nashville murder
- Kristin Cavallari Shares Why She’s Having the Best Sex of Her Life With Mark Estes
- Real Housewives of Beverly Hills Star Kyle Richards Says This $29.98 Bikini Looks Like a Chanel Dupe
- See you latte: Starbucks plans to cut 30% of its menu
- Matthew Gaudreau's Pregnant Wife Madeline Shares What’s Keeping Her Going After His Tragic Death
- The 49ers place rookie Ricky Pearsall on the non-football injury list after shooting
- Trump says he’ll vote to uphold Florida abortion ban after seeming to signal he’d support repeal
- Travis Hunter, the 2
- Disagreement between neighbors in Hawaii prompts shooting that leaves 4 dead, 2 injured
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Joshua Jackson Shares Rare Insight Into Bond With His and Jodie Turner-Smith's 4-Year-Old Daughter
- 'One Tree Hill' reboot in development at Netflix with Sophia Bush, Hilarie Burton set to return
- Could a lunar Noah's Ark preserve species facing extinction? These scientists think so.
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Kourtney Kardashian’s Glimpse Inside Vacation With Travis Barker Is the Ultimate Vibe
- Matthew Gaudreau's Pregnant Wife Madeline Shares What’s Keeping Her Going After His Tragic Death
- Kathryn Hahn Shares What Got Her Kids “Psyched” About Her Marvel Role
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Kara Welsh Case: Man Arrested After Gymnast Dies During Shooting
On Labor Day, think of the children working graveyard shifts right under our noses
Commander of Navy warship relieved of duty months after backward rifle scope photo flap
North Carolina justices rule for restaurants in COVID
Sephora 24-Hour Flash Sale: 50% Off Ashley Graham's Self-Tanner, Madison LeCroy's Eye Cream & More Deals
Adele reveals she's taking an 'incredibly long' break from music after Las Vegas residency ends
Nearly 50 years after being found dead in a Pennsylvania cave, ‘Pinnacle Man’ is identified