The U.S. is reportedly preparing to sue Ticketmaster over the monopolistic behavior that outraged Swifties last year [Fortune]
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Source: Fortune
soon as next month , marking a swing against the world's biggest ticket seller and another chapter in the Biden administration's ambitious anti-monopoly efforts. The specific claims regulators would allege are unclear, but according to the Wall Street Journal , which first reported on the suit, it will concern how the concert-promoting company has leveraged its dominance to undermine its competitors. Ticketmaster and the Justice Department did not respond to Fortune's request for comment. The DOJ launched an investigation into Ticketmaster in the summer of 2022 to probe alleged anticompetitive practices. A Senate subcommittee also launched an investigation last year. While Ticketmaster has long been a target of hate for concert goers, musicians, and some venues, the ire reached a new level in the fall of 2022, when the site crashed during a fan presale for Taylor Swift's ‘Eras Tour'. Fans suffered through a series of unfortunate events–hours- and days-long wait times for ticke
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