Current:Home > FinanceSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -Triumph Financial Guides
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-18 07:36:13
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! (7889)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- The new Selma? Activists say under DeSantis Florida is 'ground zero' in civil rights fight
- Prince William goes dragon boating in Singapore ahead of Earthshot Prize ceremony
- Many women deal with unwanted facial hair. Here's what they should know.
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Polish president to appoint new prime minister after opposition coalition’s election win
- QB changes ahead? 12 NFL teams that could be on track for new starters in 2024
- Teen arrested in Southern California restaurant shooting that injured 4 last month
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Blinken seeks to contain Israel-Hamas war; meets with Middle East leaders in Jordan
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- The Fate of The Bear Will Have You Saying Yes, Chef
- The new Selma? Activists say under DeSantis Florida is 'ground zero' in civil rights fight
- Former Guinea dictator, 2 others escape from prison after gunmen storm capital, justice minister says
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- The Fate of The Bear Will Have You Saying Yes, Chef
- The RHONY Legacy: Ultimate Girls Trip Trailer Is Bats--t Crazy in the Best Way Possible
- 32 things we learned in NFL Week 9: Not your average QB matchups
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
4 men charged in theft of golden toilet from Churchill’s birthplace. It’s an artwork titled America
Italy grants citizenship to terminally ill British baby after Vatican hospital offers care.
A Class Action Suit Could Upend The Entire Real Estate Industry
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Blinken wraps up frantic Mideast tour with tepid, if any, support for pauses in Gaza fighting
Polish president to appoint new prime minister after opposition coalition’s election win
Car crashes into pub’s outdoor dining area in Australia, killing 5 and injuring 6