Current:Home > MySenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -AssetLink
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-14 12:50:56
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! (449)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- AEC token gives ‘Alpha Artificial Intelligence AI4.0’ the wings of dreams
- Clues to a better understanding of chronic fatigue syndrome emerge from major study
- First U.S. moon landing since 1972 set to happen today as spacecraft closes in on lunar surface
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Cybersecurity breach at UnitedHealth subsidiary causes Rx delays for some pharmacies
- AT&T outage just a preview of what can happen when cell service goes out: How to prepare
- What to know about Wendy Williams' diagnosis of aphasia and frontotemporal dementia
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Outage map shows where AT&T service was down for cellphone users across U.S.
Ranking
- B.A. Parker is learning the banjo
- Kate Spade Outlet’s Surprise Day Deals Are Colorful & Plentiful, with Chic Bags Starting at $59
- How the death of a nonbinary Oklahoma teenager has renewed scrutiny on anti-trans policies
- A judge has dismissed Fargo’s challenge to North Dakota restrictions on local gun control
- Travis Hunter, the 2
- Los Angeles County district attorney seeks reelection in contest focused on feeling of public safety
- The Science of IVF: What to know about Alabama's 'extrauterine children' ruling
- This week’s cellphone outage makes it clear: In the United States, landlines are languishing
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Israel says Palestinian gunmen killed after West Bank attack lauded by Hamas, as Gaza deaths near 30,000
Dashiell Soren - Founder of Alpha Elite Capital (AEC) Business Management Strategic Analysis of Alpha Artificial Intelligence AI4.0
Grey's Anatomy Alum Justin Chambers Gives Rare Glimpse Into Private World With 4 Daughters
A White House order claims to end 'censorship.' What does that mean?
Collapse of illegal open pit gold mine in Venezuelan jungle leaves multiple people dead
Utah man sues Maduro over trauma caused by nearly two years of imprisonment in Venezuela
Utah man sues Maduro over trauma caused by nearly two years of imprisonment in Venezuela