The New York Times reports that the US Department of Justice is investigating Ticketmaster's parent company Line Nation Entertainment, following the Taylor Swift pre-sale ticket fiasco that occurred earlier this week.
The Justice Department has opened an antitrust investigation into Live Nation Entertainment following a fiasco earlier this week concerning its subsidiary Ticketmaster.
The New York Times reports that the Justice Department is investigating the company to determine whether or not Live Nation Entertainment abused its market power in the live events business. Earlier this week, pre-sale tickets for Taylor Swift's upcoming "Eras" tour when up, and the website crashed due to overwhelming demand.
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.
— Ticketmaster (@Ticketmaster) November 17, 2022
Ticketmaster then announced on Thursday that it was canceling the public sale of Swift's tour due to "extraordinarily high demands on ticketing systems and insufficient remaining ticket inventory to meet that demand."
Live Nation Entertainment has previously been under antitrust controversy as the company is currently under a consent decree as part of a settlement with the Justice Department following its merger with Ticketmaster in 2010.
However, this is not the only legal probe against Live Nation and Ticketmaster, as the Attorney Generals for North Carolina and Tennessee announced that they were also investigating Ticketmaster due to the Taylor Swift pre-sale ticket fiasco.
Taylor is the Associate Tech Editor at IGN. You can follow her on Twitter @TayNixster.
This story originally appeared on: IGN - Author:Taylor Lyles