White House on Taylor Swift Ticketmaster debacle: Capitalism without competition is exploitation

México Noticias Noticias

White House on Taylor Swift Ticketmaster debacle: Capitalism without competition is exploitation
México Últimas Noticias,México Titulares
  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Jean-Pierre declined to comment on 'any potential investigation' by the DOJ, but said the president has been clear on how he feels about monopolies.

Declining to comment on "any potential investigation" by the Justice Department, Jean-Pierre said Biden has been clear on how he feels about companies that hold monopolies.

Biden later tweeted that his administration was doing everything it could to cut so-called junk fees, including those charged to see a show over the holidays. The CEO of Live Nation's biggest shareholder Liberty Media's Greg Maffei said the presale was only supposed to be open to around 1.5 verified Swifities but 14 million people, including bots, descended on the site for tickets. After the chaotic release this week, Ticketmaster announced itDemand for tickets to her tour was heightened by the recent release of her album "Midnights" and the fact that Swift has not toured since 2018.

The Biden has been actively pushing for more competition across industries. DOJ recently blocked publisher Penguin Random House's purchase of Simon & Schuster. Two weeks ago the administration also announced plans toLawmakers too have called on the Justice Department to investigate the company.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

CNBC /  🏆 12. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Republicans on House Judiciary panel focus on first White House targetRepublicans on House Judiciary panel focus on first White House targetWith the House Judiciary Committee's gavel and subpoena power close at hand, Rep. Jim Jordan, Republican of Ohio, is getting ready to launch his first investigations of the Biden administration.
Leer más »

White House: House GOP Biden family investigation full of 'long-debunked conspiracy theories'White House: House GOP Biden family investigation full of 'long-debunked conspiracy theories'The White House said Thursday that Republicans are pushing 'long-debunked conspiracy theories' after GOP lawmakers rolled out their plans for investigating the Biden family.
Leer más »

White House Preps for Republican Inquiries Into Biden After They Win HouseWhite House Preps for Republican Inquiries Into Biden After They Win HouseKevin McCarthy has made it clear that he plans to support inquiries into Biden and his family, which will most likely be based on conspiracy theories and other blatantly false allegations made by right-wing extremists.
Leer más »

Ticketmaster, SeatGeek cancel Friday sales of Taylor Swift tickets, citing massive demandTicketmaster, SeatGeek cancel Friday sales of Taylor Swift tickets, citing massive demandTicketmaster’s CEO told CNBC that sales surpassed more than 2 million tickets on Tuesday and demand for Swift “could have filled 900 stadiums.”
Leer más »



Render Time: 2025-03-06 20:22:33