Current:Home > reviewsSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -Infinite Edge Capital
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-14 06:43:31
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! (79)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Stamford Road collision sends motorcyclist flying; driver arrested
- The Grammy nominee you need to hear: Esperanza Spalding
- Former longtime South Carolina congressman John Spratt dies at 82
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Current, future North Carolina governor’s challenge of power
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Highlights from Trump’s interview with Time magazine
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- 2025 'Doomsday Clock': This is how close we are to self
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Federal hiring is about to get the Trump treatment
Intellectuals vs. The Internet
Senate begins final push to expand Social Security benefits for millions of people
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Average rate on 30