Taylor Swift performs onstage during NSAI 2022 Nashville Songwriter Awards.
Terry Wyatt/Getty Images
The Justice Department has been investigating Ticketmaster owner Live Nation Entertainment, NYT reports.
Live Nation and Ticketmaster have been criticized after a bungled presale for Taylor Swift’s tour.
The investigation predates the presale this week, per the report, and is focused on antitrust concerns.
Ticketmaster’s parent company, Live Nation Entertainment, is being investigated by the US Department of Justice over antitrust concerns and potential abuse of power in the music industry, The New York Times first reported Friday.
In 2010, Live Nation and Ticketmaster merged after the deal was approved by the Justice Department.
The investigation was opened before Ticketmaster experienced issues during the presale for Taylor Swift’s Eras Tour, according to the report, which eventually led the ticket company to scrap the general sale, which had been scheduled for Friday.
The Department of Justice declined an Insider request for comment.
Presale for “verified” Ticketmaster fans started at 10 a.m. local venue time on Tuesday, but people reported waiting in long lines and system crashes as they waited to get tickets.
The issues drew widespread criticism among Swift’s fanbase, and the cancellation of Ticketmaster’s general ticket sale further exacerbated the issue, leaving fans looking to attend the concert to pay prices up to thousands of dollars on resale sites.
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Source:: Business Insider