Current:Home > NewsSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -TradeWisdom
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-25 20:18:10
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! (8489)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Harris assails Trump for saying Liz Cheney should have rifles ‘shooting at her’
- CeeDee Lamb injury update: Cowboys WR exits vs. Falcons with shoulder injury
- What time do stores open on Black Friday? Hours for TJ Maxx, Home Depot, IKEA, more
- DoorDash steps up driver ID checks after traffic safety complaints
- Florida’s convicted killer clown released from prison for the murder of her husband’s then-wife
- Then & Now: How immigration reshaped the look of a Minnesota farm town
- Former Kentucky officer found guilty of violating Breonna Taylor's civil rights
- In ‘Nickel Boys,’ striving for a new way to see
- Florida’s convicted killer clown released from prison for the murder of her husband’s then-wife
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- October jobs report shows slower hiring in the wake of strikes, hurricanes
- Drake London injury update: Falcons WR suffers hip injury after catching TD vs. Cowboys
- James Van Der Beek Apologizes to Loved Ones Who Learned of His Cancer Diagnosis Through the Media
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- 4 easy ways to find, enjoy scary stories this Halloween: Video
- Rare coin sells for over $500K after sitting in Ohio bank vault for 46 years
- What is the birthstone for November? Here's the month's dazzling gems.
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Puka Nacua ejected: Rams star WR throws punch vs. Seahawks leading to ejection
Is pumpkin good for dogs? What to know about whether your pup can eat the vegetable
Antarctica’s Fate Will Impact the World. Is It Time to Give The Region a Voice at Climate Talks?
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Starbucks releases its cups for the 2024 holiday season: See this year's designs
Is it legal to have a pet squirrel? Beloved Peanut the squirrel euthanized in New York
Mega Millions winning numbers for November 1 drawing: Jackpot rises to $303 million