The Taylor Swift ticket debacle took center stage Tuesday during a Senate hearing that examined a lack of competition within the ticketing industry.

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January 25, 2023

And grilled a Ticketmaster executive after the company's Mismanagement of the music star's concert tickets.

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Swift fans were furious after Ticketmaster canceled November's general public ticket sale for Swift's highly anticipated new tour.

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Several days of unrest during the verified fan pre-sale resulted in the disenfranchisement of hundreds of thousands of fans who never received tickets.

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Joe Berchtold, president and CFO of Ticketmaster's parent company Live Nation Entertainment, defended his company, saying "industry-scale ticket scaling."

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And an unprecedented number of bots were to blame for the widespread problem regarding this.

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Criticism of Ticketmaster's approach to ticket sales and lack of competition is nothing new.

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But it rose to the top last year after Swift's mishandling of her upcoming Eras Tour.

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The company's monopoly in the entertainment industry faced widespread scrutiny during its 2010 merger with Live Nation Entertainment, which eliminated Live Nation as a competitor.

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After Ticketmaster canceled future ticket sales, Swift issued a scathing statement.