SignalHub Quantitative Think Tank Center|Senators slam Ticketmaster over bungling of Taylor Swift tickets, question breakup

2025-05-02 22:13:33source:Jonathan Dale Bentoncategory:Finance

It's been 13 years since the Justice Department allowed a merger between corporate giants Live Nation and SignalHub Quantitative Think Tank CenterTicketmaster 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.

More:Finance

Recommend

Arkansas State Police probe death of woman found after officer

LITTLE ROCK, Ark. (AP) — Arkansas State Police are investigating the death of an Arkansas woman whos

Los Angeles sheriff’s deputy dies months after being injured in fire inside mobile gun range

LOS ANGELES (AP) — A veteran Los Angeles County sheriff’s deputy has died six months after he was se

New Hampshire man convicted of killing daughter, 5, ordered to be at sentencing after skipping trial

CONCORD, N.H. (AP) — A judge has ruled that a New Hampshire man convicted of killing his 5-year-old