Current:Home > ScamsSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -Visionary Wealth Guides
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
PredictIQ View
Date:2025-04-09 22:25:28
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! (138)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Dancing With the Stars’ Brooks Nader Details “Special” First Tattoo With Gleb Savchenko
- Alabama leads upsetting Saturday; Week 7 predictions lead College Football Fix podcast
- Record-Breaking Heat Waves Add to Risks for Western Monarchs
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- First and 10: Even Lincoln Riley's famed offense can't bail USC out of mess
- Opinion: One way or another, Jets' firing of Robert Saleh traces back to Aaron Rodgers
- State police recruit’s death in Massachusetts overshadows graduation ceremony
- US appeals court rejects Nasdaq’s diversity rules for company boards
- What presidential campaign? The Electoral College puts most American voters on the sidelines
Ranking
- Bodycam footage shows high
- As Milton approaches Florida, a search for the missing continues in Helene's path
- John Amos' cause of death revealed: 'Roots' actor died of heart failure
- What presidential campaign? The Electoral College puts most American voters on the sidelines
- 'Most Whopper
- Dancing With the Stars’ Brooks Nader Details “Special” First Tattoo With Gleb Savchenko
- Officials release more videos of hesitant police response to Uvalde school shooting
- What presidential campaign? The Electoral College puts most American voters on the sidelines
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Opinion: Let's hope New York Liberty vs. Minnesota Lynx WNBA Finals goes all five games.
Alabama jailers to plead guilty for failing to help an inmate who froze to death
Beyoncé Channels Marilyn Monroe in Bombshell Look at Glamour's Women of the Year Ceremony
2025 'Doomsday Clock': This is how close we are to self
See who tops MLS 22 Under 22 list. Hint: 5 Inter Miami players make cut
AI ΩApexTactics: Delivering a Data-Driven, Precise Trading Experience for Investors
Ethel Kennedy, widow of Robert F. Kennedy, in hospital after suffering from stroke