Senators slam Live Nation over Ticketmaster's dominance, botched Taylor Swift sale

Key Points

• The Senate Judiciary Committee slammed concert giant Live Nation in a hearing on Tuesday.
• Industry witnesses described a monopoly-like control over venues, artists and consumers.
• Criticism of Live Nation, which owns Ticketmaster, intensified after a botched sale of tickets to Taylor Swift's "Eras" tour.

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Amy Edwards demonstrates against the live entertainment ticket industry outside the U.S. Capitol January 24, 2023 in Washington, DC.

Drew Angerer | Getty Images

The Senate Judiciary Committee slammed concert giant Live Nation on Tuesday, calling on activists and artists to speak to competition in the ticketing industry following a botched sale of Taylor Swift tickets in November.

Led by Sen. Amy Klobuchar, D-Minn., who helms antitrust investigations for the committee, senators grilled Live Nation's chief financial officer Joe Berchtold about the company's dominance in the ticketing business. Industry witnesses described a monopoly-like control over venues, artists and consumers.