Current:Home > Contact-usSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup-LoTradeCoin
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View Date:2024-12-23 18:55:31
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! (4)
Related
- NY forest ranger dies fighting fires as air quality warnings are issued in New York and New Jersey
- London police make arrests as pro-Palestinian supporters stage events across Britain
- Iran says an Israeli strike in Syria killed 2 Revolutionary Guard members while on advisory mission
- College Football Playoff committee has tough task, but picking Alabama is an easy call.
- Can't afford a home? Why becoming a landlord might be the best way to 'house hack.'
- Texas must remove floating Rio Grande border barrier, federal appeals court rules
- Washington gets past Oregon to win Pac-12 title. What it means for College Football Playoff
- British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
- Nelly will not face charges after St. Louis casino arrest for drug possession
- Defense head calls out those who advocate isolationism and ‘an American retreat from responsibility’
Ranking
- When do new episodes of 'Cobra Kai' Season 6 come out? Release date, cast, where to watch
- Third-party candidate leaves Mexico’s 2024 presidential race. Next leader now likely to be a woman
- College football winners and losers for Week 14: Alabama, Texas on verge of playoff
- BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
- Seattle man faces 5 assault charges in random sidewalk stabbings
- One homeless person killed, another 4 wounded in Las Vegas shooting
- Venezuelans to vote in referendum over large swathe of territory under dispute with Guyana
- Illinois appeals court affirms actor Jussie Smollett's convictions and jail sentence
Recommendation
-
Bowl projections: SEC teams joins College Football Playoff field
-
These 15 Secrets About Big Little Lies Are What Really Happened
-
Sister Wives' Janelle Brown Shares the One Thing She’d Change About Her Marriage to Kody
-
How Prince William Is Putting His Own Royal Future Ahead of His Relationship With Prince Harry
-
Minnesota man is free after 16 years in prison for murder that prosecutors say he didn’t commit
-
Washington gets past Oregon to win Pac-12 title. What it means for College Football Playoff
-
An Israeli raced to confront Palestinian attackers. He was then killed by an Israeli soldier
-
Sheriff says Alabama family’s pet ‘wolf-hybrid’ killed their 3-month-old boy