The Feds Are Already Probing Ticketmaster’s Parent Company, Report Says

United Kingdom News News

The Feds Are Already Probing Ticketmaster’s Parent Company, Report Says
United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Live Nation Entertainment, the owner of Ticketmaster, is now facing an antitrust investigation recently opened by the Justice Department, according to The Washington Post.

  • 📰 thedailybeast
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Live Nation Entertainment, the owner of Ticketmaster, is now facing an antitrust investigation recently opened by the Justice Department, according to. The probe, which reportedly predates the Taylor Swift ticket debacle, will center around whether the company has demonstrated an abuse of power over the live music industry.

As part of the federal probe, staff members from the DOJ have reportedly reached out to music venues and players in the live music industry ticket market to ask questions about Live Nation and whether it has a monopoly in that industry. Earlier this week, Ticketmaster’s systems fell apart as Swift fans clamored to purchase presale tour tickets, forcing the company to cancel public ticket sales.

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:

thedailybeast /  🏆 307. in UK
 

$9 says Ye's people own it

TicketMaster is the devil.

Didn’t see this coming 🙄

Break up ticketmaster. They are awful

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines



Render Time: 2025-01-16 02:40:04