Two Democratic senators are calling for a federal antitrust investigation of Live Nation and its online concert ticket platform, Ticketmaster, in light of what they say are “nefarious practices” and “sky-high fees” levied on consumers.
Minnesota Sen. Amy Klobuchar, a Democratic presidential contender, and Connecticut Democratic Sen. Richard Blumenthal sent a letter to the Justice Department that they have “serious concerns” about the online ticketing industry.
“The ticketing industry is broken,” they wrote. “We strongly urge you to investigate this market and take any actions necessary to ensure that it serves the public.”
In a high-profile merger in 2010, Live Nation merged with Ticketmaster in a massive deal that gave it ownership over more than 140 concert venues around the world, according the New York Times.
Full Content: New York Times
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