U.S. Senate antitrust panel to investigate Ticketmaster problems after company experienced massive problems selling Taylor Swift tickets
A U.S. Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster’s problems last week managing the sale of Taylor Swift tickets, Senator Amy Klobuchar, chair of the panel, said on Tuesday.
“The high fees, site disruptions and cancellations that customers experienced shows how Ticketmaster’s dominant market position means the company does not face any pressure to continually innovate and improve,” Klobuchar said. “We will hold a hearing on how consolidation in the live entertainment and ticketing industry harms customers and artists alike.”
“Ticketmaster has a significant share of the primary ticketing services market because of the large gap that exists between the quality of the Ticketmaster system and the next best primary ticketing system,” the company said. For her part, Swift on Friday said it was “excruciating” for her to watch fans struggle to secure tickets and that she had been assured that Ticketmaster could handle large demand.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Congress to hold hearing on Ticketmaster problems after Taylor Swift debacleA Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster\u0027s problems last week.
Read more »
Congress to hold hearing on Ticketmaster problems after Taylor Swift debacleA Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster\u0027s problems last week.
Read more »
Taylor Swift Glitters In Gold While Accepting 2022 AMAs WinsTaylor Swift has made her official return to the American Music Awards. The 32-year-old pop superstar was bejeweled in a backless gold jumpsuit as she accepted the award for Favorite Pop Album for Red (Taylor's Version) at Sunday's ceremony. The 'Anti-Hero' singer wore her hair in waves and completed her look with her signature red lip. It was a big night…
Read more »
Taylor Swift Sweeps 2022 American Music AwardsTaylor Swift has become the top-awarded artist in AMAs history after nabbing a whopping six wins during Sunday night's star-studded ceremony at the Microsoft Theater in Los Angeles.
Read more »
Taylor Swift becomes American Music Awards' top-awarded actTaylor Swift swept the board at the American Music Awards, taking home all six of the awards she was nominated for.
Read more »
Taylor Swift dominates again at American Music AwardsLOS ANGELES, Nov 20 (Reuters) –
Read more »