The Senate Judiciary Committee has announced the date for the hearing on the lack of competition in the ticketing industry.
last month. “As they’ve said publicly, they should have done better on the Taylor Swift ticket sales. We know that, but we believe it’s not enough. I believe that we need to get to the bottom of the problems in the ticketing industry,” she said. “What happens with monopolies is the people who get hurt by them also are afraid of them. They don’t want to come forward because they think they’re going to get screwed.
“It’s been more than a decade since Ticketmaster merged with Live Nation, and competition in the ticketing and live entertainment industries has only gotten worse. Too often, consumers are the ones who pay the price for this market failure,” said Durbin. “I look forward to this hearing to explore what led to this environment, as well as steps we can take to bring competition back to these industries in a way that puts fans and artists first.
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