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

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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.

 

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