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Senators Question Ticketmaster’s ‘Monopoly’ Over Concerts, Sports

Jan 24, 2023

November’s Taylor Swift presale ticket debacle was the focus of Tuesday’s Senate Judiciary Committee hearing, although Ticketmaster’s dominant position in sports also drew scrutiny.

SeatGeek co-founder and CEO Jack Groetzinger told the committee that Ticketmaster controls ticketing for more than 80% of NFL, NBA, and NHL venues. Outside SeatGeek’s deals with the Arizona Cardinals and Dallas Cowboys, Ticketmaster has agreements with all the other NFL teams, giving the industry giant a nearly 94% stranglehold, according to data provided by music promoter Jerry Mickelson at the hearing.

“You have clear dominance. Monopolistic control,” said Sen. Richard Blumenthal (D-Connecticut). “This whole concert ticket system is a mess, a monopolistic mess.”

Source: Front Office Sports

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