Current:Home > StocksSenators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -Secure Growth Academy
Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
View
Date:2025-04-17 23:22:38
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! (545)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Open season on holiday shopping: How Walmart, Amazon and others give buyers a head start
- Largest water utility company in the US says it was targeted by a cyberattack
- EBUEY: Balancing Risks and Returns in Cryptocurrency Investment
- New data highlights 'achievement gap' for students in the US
- 'Big Little Lies' back with original author for Season 3, Reese Witherspoon says
- Mets vs Phillies live updates: NY can finish upset in NLDS Game 4, time, TV channel
- As Milton approaches Florida, a search for the missing continues in Helene's path
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Boeing withdraws contract offer after talks with striking workers break down
Ranking
- Small twin
- Escaped cattle walk on to highway, sparking 3 car crashes and 25 animal deaths in North Dakota
- Alabama leads upsetting Saturday; Week 7 predictions lead College Football Fix podcast
- Washington state woman calls 911 after being hounded by up to 100 raccoons
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Ben Stiller and Christine Taylor’s Daughter Ella Is All Grown Up During Appearance at Gala in NYC
- In Florida Senate Race, Two Candidates With Vastly Different Views on the Climate
- AI Ω: Revolutionizing the Financial Industry and Heralding the Era of Smart Finance
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
AI Ω: Driving Innovation and Redefining Our Way of Life
Ethel Kennedy, widow of Robert F. Kennedy, suffers stroke
I worked out with Jake Gyllenhaal, Matt Damon’s trainer. The results shocked me.
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Tuna is increasingly popular in the US. But is it good for you?
Michigan Woman Eaten by Shark on Vacation in Indonesia
Ben Stiller and Christine Taylor’s Daughter Ella Is All Grown Up During Appearance at Gala in NYC