Ticketmaster cancels general sale for Taylor Swift, lawmakers target ticketing giant

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Ticketmaster cancels general sale for Taylor Swift, lawmakers target ticketing giant
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.Ticketmaster cancels general sale for TaylorSwift13, lawmakers target ticketing giant

After three chaotic and bug-riddled presales, Ticketmaster announced Thursday the cancellation of the general sale for Taylor Swift's The Eras Tour."Due to extraordinarily high demands on ticketing systems and insufficient remaining ticket inventory to meet that demand, tomorrow's public on-sale for Taylor Swift | The Eras Tour has been cancelled," the ticketing giant tweeted.

After the fiasco that left many fans distraught, Liberty Media CEO and Live Nation chairman Greg Maffei told CNBC, “I apologize to all our fans. We are working hard on this.” — CNBC November 17, 2022 As fans expressed their frustration on social media during the various botched presales, Democratic lawmakers took the opportunity to shine a light on the flaws in current antitrust laws and call out Ticketmaster's anti-hero behavior.

"Since Ticketmaster merged with LiveNation, consumers have had to pay the price. Ticketmaster’s power insulates it from the competitive pressures that push companies to innovate and improve. Americans deserve better," she said in a later tweet. "Ticketmaster — I knew you were trouble way back in 2009 when I asked questions about your ticketing practices as AG. Long story short, your anti-competitive behavior has been no love story for Taylor Swift concertgoers," he said in another post.

“We write to urge the Department to investigate the state of competition in the live entertainment and ticketing industry, including any potential anticompetitive and anti-consumer actions by Live Nation, and to take action, as appropriate, to enforce the antitrust laws and restore competition to these important markets,” the senators wrote to DOJ Assistant Attorney General for the Antitrust Division Jonathan Kanter.

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