Current:Home > NewsSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup-DB Wealth Institute B2 Expert Reviews
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View Date:2024-12-23 20:45:54
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! (5346)
Related
- Congress heard more testimony about UFOs: Here are the biggest revelations
- As States Move to Electrify Their Fleets, Activists Demand Greater Environmental Justice Focus
- Is a State Program to Foster Sustainable Farming Leaving Out Small-Scale Growers and Farmers of Color?
- See Bre Tiesi’s Shoutout to “Daddy” Nick Cannon on Their Son Legendary Love’s First Birthday
- Brian Austin Green’s Fiancée Sharna Burgess Celebrates Megan Fox’s Pregnancy News
- New Jersey school bus monitor charged with manslaughter after allegedly using phone as disabled girl suffocated
- Inside Clean Energy: Here’s Why Some Utilities Support, and Others Are Wary of, the Federal Clean Energy Proposal
- The big reason why the U.S. is seeking the toughest-ever rules for vehicle emissions
- The Army’s answer to a lack of recruits is a prep course to boost low scores. It’s working
- This Leakproof Water Bottle With 56,000+ Perfect Amazon Ratings Will Become Your Next Travel Essential
Ranking
- Kirk Herbstreit berates LSU fans throwing trash vs Alabama: 'Enough is enough, clowns'
- Proof Pregnant Kourtney Kardashian and Travis Barker Already Chose Their Baby Boy’s Name
- YouTuber Adam McIntyre Reacts to Evil Colleen Ballinger's Video Addressing Miranda Sings Allegations
- The loneliness of Fox News' Bret Baier
- Amazon's 'Cross' almost gets James Patterson detective right: Review
- Nature’s Say: How Voices from Hawai’i Are Reframing the Climate Conversation
- 2 youths were killed in the latest fire blamed on an e-bike in New York City
- In Philadelphia, Mass Transit Officials Hope Redesigning Bus Routes Will Boost Post-Pandemic Ridership
Recommendation
-
What do nails have to say about your health? Experts answer your FAQs.
-
Prices: What goes up, doesn't always come down
-
UN Report Says Humanity Has Altered 70 Percent of the Earth’s Land, Putting the Planet on a ‘Crisis Footing’
-
Peter Thomas Roth Deal: Get 2 Rose Stem Cell Masks for the Price of 1
-
Why Josh O'Connor Calls Sex Scenes Least Sexy Thing After Challengers With Zendaya and Mike Faist
-
The Fed's radical new bank band-aid
-
A Climate-Driven Decline of Tiny Dryland Lichens Could Have Big Global Impacts
-
About 1 in 10 young adults are vaping regularly, CDC report finds