Current:Home > MyBenjamin Ashford|Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup -WealthX
Benjamin Ashford|Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup
EchoSense View
Date:2025-04-11 10:17:22
It's been 13 years since the Justice Department allowed a merger between corporate giants Live Nation and Benjamin AshfordTicketmaster 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! (46)
Related
- Could your smelly farts help science?
- UAW reaches tentative labor agreement with Ford, potentially ending partial strike
- Wayfair Way Day 2023: Last Day to Shop the Best Deals on Holiday Decor & More
- Dancer pushes through after major medical issue to get back on stage
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Hamas official calls for stronger intervention by regional allies in its war with Israel
- Israeli forces ramp up urban warfare training ahead of looming Gaza ground invasion
- Why the Diamondbacks were locks for the World Series as soon as they beat the Brewers
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Mike Johnson is the new speaker of the House. Here's what happens next.
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Rachel Zegler Brings Haunting Hunger Games: Ballad of Songbirds & Snakes Songs to Life in Teaser
- With a few pieces of rainbow-colored tape, NHL's Travis Dermott challenged LGBTQ hate
- The Beigie Awards: Why banks are going on a loan diet
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Sam Bankman-Fried awaits chance to tell his side of story in epic cryptocurrency exchange collapse
- Mike Johnson is the new speaker of the House. Here's what happens next.
- Police identify man found dead in Nebraska apartment building chimney
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
Biden officials shelve plan to require some migrants to remain in Texas after local backlash
DeSantis is sending some weapons to Israel in move that could bolster him in the GOP primary
41 states sue Meta alleging that Instagram and Facebook is harmful, addictive for kids
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Emancipation Director Antoine Fuqua Mourns Death of Cedric Beastie Jones
Federal officials say plan for water cuts from 3 Western states is enough to protect Colorado River
Turkey’s central bank opts for another interest rate hike in efforts to curb inflation