Mexico’s PROFECO, the government body charged with consumer protection, will be fining Ticketmaster after the Bad Bunny ticket disaster.
The debacle revived long standing issues fans have had with the company, most of them stemming from its 2009 merger with LiveNation, which has given the companies a dominant share of the entertainment market within the United States and abroad. A decade and a half later, lawmakers can no longer look past the discontent of fans.
Responding to complaints from frustrated Swifties, Congresswoman Alexandria Ocasio-Cortez tweeted a call for the company to be broken up. “Ticketmaster is a monopoly,” she wrote, “its merger with Live Nation should never have been approved, and they need to be reigned in.” that she and other lawmakers “already had concerns about Ticketmaster and monopoly power prior to 2010. But now you’ve got the nation’s largest ticket vendor with the nation’s largest promoter,” Ocasio-Cortez said.
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