Ticketmaster's Taylor Swift Fiasco Triggers Senate Hearing

1 week ago

In a bipartisan response to Ticketmaster’s Taylor Swift ticket sale fiasco, Sens. Amy Klobuchar (D-Minn.) and Mike Lee (R-Utah) announced Tuesday that a Senate subcommittee will hold a hearing to appraise the lack of competition in the ticketing industry.

The hearing, which has not yet been scheduled, will take place before the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights, which Klobuchar chairs and Lee serves on as a ranking member. The announcement comes a week after Ticketmaster, which controls the vast majority of ticket sales in the U.S., came under immense scrutiny for bungling its highly anticipated ticket sale for Swift’s upcoming stadium tour.

“Last week, the competition problem in ticketing markets was made painfully obvious when Ticketmaster’s website failed hundreds of thousands of fans hoping to purchase concert tickets,” Klobuchar said in Read Entire Article