Current:Home > MarketsSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -BeyondWealth Learning
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-14 03:07:04
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! (48)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Argentina wins record 16th Copa America title, beats Colombia 1-0 after Messi gets hurt
- 2024 MLB draft tracker day 2: Every pick from rounds 3-10
- 3 adults found dead after an early morning apartment fire in suburban Phoenix
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- When does 2024 British Open start? How to watch golf's final major of season
- 2024 Republican National Convention begins today on heels of Trump assassination attempt. Here's what to know.
- James B. Sikking, 'Hill Street Blues' and 'Doogie Howser, M.D.' actor, dies at 90
- 'Most Whopper
- Powerball winning numbers for July 13 drawing: Jackpot rises to $64 million
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Federal judge dismisses Trump classified documents case over concerns with prosecutor’s appointment
- Blue-collar steel town tries to dig out from day of infamy after Trump shooting
- Kate Middleton and Prince William Share Heartwarming Photo of Princess Charlotte and Prince Louis
- Don't let hackers fool you with a 'scam
- Tori Spelling Applauds Late Beverly Hills, 90210 Costar Shannen Doherty for Being a Rebel
- Social media influencers tell you to buy, buy, buy. Stop listening to them.
- French sports minister takes a dip in the Seine weeks before the 2024 Paris Olympics begin
Recommendation
Meet first time Grammy nominee Charley Crockett
Steven Stamkos on move: 'I never thought this day would come'
Shrek movies in order: Catch up on all the films in time for 'Shrek 5'
Macy’s ends takeover talks with Arkhouse and Brigade citing lack of certainty over financing
Where will Elmo go? HBO moves away from 'Sesame Street'
How Fox News and CNN covered 'catastrophic' Trump rally shooting
Rare switch-pitcher Jurrangelo Cijntje 'down to do everything' for Mariners after MLB draft
Battered by Hurricane Idalia last year, Florida village ponders future as hurricane season begins