Time to face the music, Ticketmaster.
Time to face the music. A U.S. Senate antitrust panel is set to assess the potential lack of competition in the market that led to widespread glitches and service outages on Ticketmaster earlier this month as Taylor Swift fans tried desperately to snag tickets for her upcoming tour. The Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights will hold a hearing on the ticketing industry, Sen. Amy Klobuchar and Mike Lee said this week.
“Last week, the competition problem in ticketing markets was made painfully obvious when Ticketmaster’s website failed hundreds of thousands of fans hoping to purchase concert tickets,” Klobuchar said in a statement. “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.
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Congress to hold hearing on Ticketmaster problems after Taylor Swift debacleA U.S. Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster's problems last week managing the sale of Taylor Swift tickets, Senator Amy Klobuchar, chair of the panel, said on Tuesday.
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Taylor Swift’s Ticketmaster Disaster Is Going to the SenateAmy Klobuchar announced that the Ticketmaster hearing would explore 'how consolidation in the live entertainment and ticketing industry harms customers and artists alike'
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The Ticketmaster Meltdown During Taylor Swift's Tour Sale Has Prompted A Senate HearingRep. Alexandria Ocasio-Cortez has also said Ticketmaster is a monopoly that needs to be broken up.
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Senate announces Ticketmaster hearing after Taylor Swift fiascoSenate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights will hold “to examine the lack of competition in the ticketing industry”
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Taylor Swift's Ticketmaster Debacle Has Reached CongressLawmakers will reportedly hold a hearing on the lack of competition in the ticketing industry.
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Senate Panel to Hold Hearing on Concert Ticket Sales Following Taylor Swift Eras Tour Fiasco'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,' Sen. Amy Klobuchar says about the entertainment giant.
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