Amy Klobuchar discusses the Department of Justice's Live Nation-Ticketmaster lawsuit.
‘s alleged monopoly on the U.S. touring industry, claiming that the businesses have been feeding on ticket buyers since merging in 2010. to investigate the companies after fans of Taylor Swift, Bruce Springsteen, and other artists accused them of unfair business practices. Her intention with the hearing, she says, was to build evidence for a lawsuit like this one. Speaking to“This is a major victory for concertgoers, for sports fans, for people who really want to see a change,” she says.
With regard to competition, what roles should the government play in regulating the concert industry?] bill that Senator Cornyn and I put together, and you’re seeing a lot of states doing it. I always applaud those efforts because eventually , “Oh, maybe we need a federal law.” focused on fan protection. And there’s more you can do on ticket prices and the like, and that may be yet to come.
My hope is that the Ticketmaster example of consolidation — which is a lot easier to understand than, say, Google or Amazon, which are just as bad — will be a springboard for more action on antitrust. There were a lot of things that happened during Theodore Roosevelt’s time — there was the trains and the agricultural movement in the Midwest that really captured people’s imagination — but there were other monopolies as well that then went down.
You’ve just got to get a movement of people to say “Enough is enough” to change the law. And what better place to start than with Swifties?A lot of artists and venues are afraid to speak out on this because they don’t want to become the one that punish. And this is beyond Ticketmaster … Tech companies have spent over $300 million in advertising taking my bill and me on.
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