Senators Blast Ticketmaster ‘Monopoly’ for Taylor Swift Woes (1)

Senators on Tuesday blamed Live Nation Entertainment Inc.’s market dominance for soaring ticket prices and a terrible customer experience — complaints illustrated by the company’s Ticketmaster unit bungling the massive demand for Taylor Swift tickets last year.

Live Nation’s conduct made it “the definition of monopoly,” Senator Amy Klobuchar, the Minnesota Democrat who chairs the Judiciary Committee’s antitrust panel said. “Restoring competition to our markets is about making sure that fans get fair prices and better service.”

The Judiciary Committee hearing on competition in the live entertainment industry comes as the Justice Department is probing Live Nation ...