Ticketmaster Hearing Takeaways: After Taylor Swift Debacle, Some Senators Call Live Nation a ‘Monopoly’
Posted on AllSides January 24th, 2023
From The Left
Haiyun Jiang/The New York Times
Live Nation came under fierce questioning from lawmakers and competitors at a Senate Judiciary Committee hearing on Tuesday that explored whether the company’s 2010 merger with Ticketmaster, which formed a colossus without equal in the multibillion-dollar live music business, had stifled competition and hurt consumers.
Here are four takeaways from the hearing, which was called after Ticketmaster had problems in November selling tickets to Taylor Swift’s coming tour, leaving millions of frustrated fans unable to buy tickets.
Ticketmaster came under fierce criticism.
One of the most striking things was the...
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