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:2025-04-15 00:37:07
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! (31542)
Related
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Small plane crashed into residential Georgia neighborhood, killing pilot
- Drew Barrymore left a list of her past lovers at this 'It's Always Sunny in Philadelphia' actor's home
- Dance Mom's Chloé Lukasiak Clarifies Comments About Envying JoJo Siwa
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Don't just track your steps. Here are 4 health metrics to monitor on your smartwatch, according to doctors.
- Biden Administration Awards Wyoming $30 Million From New ‘Solar for All’ Grant
- At Trump trial, Stormy Daniels' ex-lawyer Keith Davidson details interactions with Michael Cohen
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Black trainer Larry Demeritte brings his $11,000 horse to the Kentucky Derby
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Billie Jean King is getting the Breakfast of Champions treatment. She’ll appear on a Wheaties box
- Former Michigan House leader, wife plead not guilty to misusing political funds
- Police: FC Cincinnati's Aaron Boupendza considered victim in ongoing investigation
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- A former Milwaukee election official is fined $3,000 for obtaining fake absentee ballots
- How to Apply Skincare in the Right Order, According to TikTok's Fave Dermatologist Dr. Shereene Idriss
- AP Week in Pictures: North America
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Minnesota sports betting bill runs afoul of partisan rancor over state senator’s burglary arrest
The Best Mother’s Day Gifts for All the Purrr-Fect Cat Moms Who Are Fur-Ever Loved
Billie Jean King is getting the Breakfast of Champions treatment. She’ll appear on a Wheaties box
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Prosecutors urge judge to hold Trump in contempt again for more gag order violations
Subway offers buy one, get one free deal on footlong subs for a limited time: How to get yours
U.K. government shares video of first migrant detentions under controversial Rwanda plan, calls it a milestone