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Ticketmaster is facing increased scrutiny after bungling sales forTaylor Swifts Eras tour.
Ticketmasters platform eventually crashed, delaying the presale.
The general sale, planned for November 18, was canceled by Ticketmaster.
Now, politicians and state legislators are taking it upon themselves to look into the ticketing business.
When there is no competition to incentivize better services and fair prices, we all suffer the consequences.
The date of the hearing and the names of witnesses will be announced later.
The Justice Department is reportedly investigating the company on top of inquiries from multiple states and criticism from Congress.
TheNew YorkTimesreportedthat antitrust staff has been looking into Ticketmasters merger with Live Nation for months.
A department spokesperson had no comment when reached by Vulture.
Live Nation releaseda statementon Saturday morning on the competitiveness of ticket sales and the Department of Justices investigation.
The page details the presale process for the tickets, focusing on Swifts popularity.
He added that Live Nation is working hard on this.
Both Maffei and Ticketmaster claimed there was enough demand to fill 900 stadiums.
North Carolinas attorney general, Josh Stein, hassince announcedhis office is also investigating Ticketmaster.
seems like your confidence was misplaced.
Klobuchar requested further answers from Rapino over Ticketmasters operations.
In addition to Klobuchar, several of her colleagues in Congress have spoken out against Ticketmaster.
(He and other representatives had called for an investigation into Live Nation last year.)
That same day,representative Alexandria Ocasio-Corteztweetedthat the merger should never have been approved.
(Five of Swifts 52 shows, in Arizona and Texas, are being sold by SeatGeek.)
We are, in reality, the largest and most effective ticket seller in the world, Maffei claimed.
Swift is just the latest subject of Ticketmasters ticketing issues.
For now, Godspeed to the millions of Swifties who were still holding out for tickets.
This is a developing story.
