Senate antitrust chair: Ticketmaster abused market power in Swift ticket chaos

  • 📰 wrtv
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The U.S. Department of Justice has reportedly opened an antitrust investigation into Live Nation Entertainment, Ticketmaster's owner.

Senator Amy Klobuchar accused Ticketmaster in an open letter of having a harmful impact on its customers following multiple days of problems with the company's e-commerce site as fans tried to buy tickets for shows in Taylor Swift's new tour.

Klobuchar said, “When Ticketmaster merged with Live Nation...it was subject to an antitrust consent decree that prohibited it from abusing its market position.” As Reuters reported, the U.S. Department of Justice has opened an antitrust investigation into Live Nation Entertainment, Ticketmaster's owner, citing information from a New York Times report.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 598. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

If they would have only listened the first time. 🤷🏻‍♂️

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Justice Department Investigating Ticketmaster's Parent Company Amidst Swift DramaThe Justice Department could get to the bottom of the Taylor Swift ticket fiasco, because the feds are reportedly already investigating the parent company of Ticketmaster for possible antitrust violations. allergic reaction? If one was to play devil's advocate? Tricky Mustards always been turrible.
Source: TMZ - 🏆 379. / 59 Read more »