'How can we change the conditions and the rules of the game so we actually can spawn competition?,' Minnesota senator says ahead of a hearing she's leading Tuesday. 'I want to hear that from them.'
, we don’t see the competition that we should. We’ve seen evidence of violations of them using monopoly power to cut out competition.
I definitely think that’s something we should be looking at because it’s not like [Ticketmaster] wouldn’t still be able to get the concert. It’s just that the artists and venues aren’t locked in forever. Seven years is a long time in the music industry. Thank you for examining my effectiveness [chuckles]. But actually, we’ve seen changes. After years of trying, we finally got thoseto give more resources, [federal regulators] can’t take on the biggest companies the world has ever known with duct tape and Band-Aids. We’re finally seeing bills in general start to go through the Judiciary Committee to the Senate floor.
You touched on a need for enforcement and implementation, both of which are significant hurdles in policy around the ticketing industry. What are some more actionable policies that state and federal regulators could implement?
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