Here are five takeaways from the Senate hearing on Ticketmaster’s Taylor Swift meltdown
Live Nation Entertainment Inc. faced questions from lawmakers in Washington on Tuesday, instemming from Ticketmaster’s botched ticket sales last year for Taylor Swift’s coming tour.
Senators pressed Live Nation , which owns Ticketmaster, over the company’s exclusive arrangements with venues, ticketing fees, defense against cyberattacks and consumer-data protection practices. Lawmakers also sought to portray the company as a monopoly, accusing it of anticompetitive practices and suggesting that an unwinding of the 2010 merger that united the two companies be considered.
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