FOG BLOG U.S. NEWS LOG: TICKETMASTER HEARINGS IN THE SENATE!
Highlights from the Ticketmaster hearing: Senators criticize 'monopoly' over Taylor Swift fiasco
The Senate Judiciary Committee held a hearing examining Ticketmaster's dominance in the ticketing industry after last year's Taylor Swift tickets debacle. The Senate Judiciary Committee held a hearing Tuesday to examine Ticketmaster's outsize role in the ticketing industry in the wake of last year's Taylor Swift concert debacle.
Long wait times and technical issues disrupted a November presale for Swift's upcoming "The Eras Tour," leaving thousands of fans in the lurch and prompting Ticketmaster to cancel the public sale.
The bipartisan hearing lasted nearly three hours. Senators were critical of Ticketmaster, which merged with Live Nation in 2010, suggesting it is a monopoly, and probed whether a lack of competition in the ticketing industry has unfairly hurt customers.
Witnesses included the president and CFO of Live Nation, as well as some of the company's competitors, antitrust reform advocates and singer-songwriter Clyde Lawrence.
Senators made many Taylor Swift song references.
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