Justice Department Investigating Ticketmaster's Parent Company Amidst Swift Drama



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The Justice Department whitethorn privation to get to the bottommost of the Taylor Swift terms tag fiasco ... Due to the information the feds are reportedly already investigating the fig concern endeavor of Ticketmaster for feasible antitrust violations.

The section is taking a adjacent person a look astatine Live Nation Entertainment, successful keeping with the New York Times ... Seeking to spot if the enterprise's abusing its monolithic marketplace spot to screw millions of opus fanatics over.

While the Swift insanity simply adds to the drama, it looks arsenic if the probe has already been going connected for months -- with NYT's sources pronouncing the branch's antitrust section has already been contacting venues wrong the endeavor astir Live Nation's past practices and the wide dynamics of the summons enterprise.

As you realize, each hellhole broke escaped arsenic enthusiasts flocked to Ticketmaster to effort to get their palms connected a terms summons to "The Eras Tour" this week astatine immoderate constituent of the presale.

The concern endeavor adjacent canceled the wide nationalist sale connected Friday, which is broadly speaking the mode it sells immoderate closing tickets aft presales -- and present the resale marketplace is seeing sky-excessive expenses.

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FYI -- Tennessee AG Jonathan Skrmetti has already begun his precise ain antitrust investigation into the corp ... Expressing trouble that Ticketmaster lacks competition, and with that, clients are near with precocious charges and a antagonistic revel successful getting tix.