Live Nation Entertainment is being investigated by the Department of Justice, the New York Times reported Friday, citing anonymous sources, over concerns the company has abused its power with the live entertainment industry.
The Live Nation Entertainment logo is shown on a phone.
The agency is looking into whether Live Nation has a monopoly and has contacted music venues and players to gather information.
According to the Times, a merger between Live Nation and Ticketmaster was approved in 2010 but it was found to have violated the agreement by threatening concert venues who used other ticket sellers.
The site crashed during a pre-sale event for Swift's 2023 tour and because of insufficient remaining ticket inventory to meet that demand.
The Department of Justice is just one of many government entities taking action.
Live Nation Entertainment and the DOJ didn't respond to the New York Times.
Live Nation Chairman Greg Maffei said in an interview that Swift's tour was not being promoted by Live Nation. Even though the tour was managed by a Live Nation competitor, Ticketmaster was chosen to sell tickets. Swift said that she was reassured by Live Nation that they could handle the huge demand for tickets.
On Tuesday, tickets for Swift's tour went on sale. 14 million people tried to buy tickets, crashing the site and causing huge wait times, despite the fact that 1.5 million fans were chosen to get access. General admission tickets were not sold on Thursday. Swift said it was important for her to just watch mistakes happen.
Taylor Swift said in her first statement that she wouldn't make excuses for anyone.
The public sale for Taylor Swift's tour was canceled.
14 million people tried to buy Taylor Swift tickets.
The demand for Taylor Swift tickets is historically unprecedented.
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