Current:Home > InvestSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -Visionary Growth Labs
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-18 21:04:49
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! (93)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- Ya Filthy Animals Will Love Macaulay Culkin and Catherine O’Hara’s Home Alone Reunion
- Ronaldo walks off to chants of ‘Messi, Messi’ as his team loses 3-0 in Riyadh derby
- Woman survives falling hundreds of feet on Mt. Hood: I owe them my life
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Indiana coroner identifies remains of teen girl found buried on land of man charged in her death
- Sandra Day O'Connor showed sense of humor during interaction with ex-Commanders RB
- Former Colombian military officer accused in base bombing extradited to Florida
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Court orders Texas to move floating buoy barrier that drew backlash from Mexico
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Tougher penalties for rioting, power station attacks among new North Carolina laws starting Friday
- America Ferrera Says It's Ridiculous How Her Body Was Perceived in Hollywood
- Vacuum tycoon Dyson loses a libel case against a UK newspaper for a column on his support of Brexit
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Aging dams in central and western Massachusetts to be removed in $25M project
- GDP may paint a sunny picture of the economy, but this number tells a different story
- LeBron James says he will skip Lakers game when son, Bronny, makes college basketball debut
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Tougher penalties for rioting, power station attacks among new North Carolina laws starting Friday
New York’s College of Saint Rose will close in May 2024 amid financial woes
Republicans say new Georgia voting districts comply with court ruling, but Democrats disagree
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Big Oil Leads at COP28
NATO chief tells Turkey’s Erdogan that ‘the time has come’ to let Sweden join the alliance
Meg Ryan defends her and Dennis Quaid's son, Jack Quaid, from 'nepo baby' criticism