A Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster\u0027s problems last week.
“The high fees, site disruptions and cancellations that customers experienced shows how Ticketmaster’s dominant market position means the company does not face any pressure to continually innovate and improve,” Klobuchar said. “That’s why we will hold a hearing on how consolidation in the live entertainment and ticketing industry harms customers and artists alike.
Ticketmaster did not immediately respond to a request for comment, but has previously blamed presale problems for Swift’s Eras tour, her first tour in five years, on unprecedented demand and an effort to keep out bots run by ticket scalpers.Article content For her part, the pop superstar on Friday said it was “excruciating” for her to watch fans struggle to secure tickets and that she had been assured that Ticketmaster could handle large demand.
The DOJ has proven in recent years to be much more willing to file antitrust lawsuits against giant companies – including the ongoing December 2020 lawsuit against Google – and fight mergers.
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