Posted by Wisdom-Speaks89 pts Wednesday, January 25, 2023
Why was BTS Mentioned during US Senate Hearings?
K-pop sensation BTS was recently mentioned during US Senate hearings.
On January 24, the United States Senate Judiciary Committee held a hearing against the ticket company Ticketmaster.
The recent debacle of people trying to purchase tickets for Taylor Swift's upcoming concert tour shone a spotlight on Ticketmaster, highlighting the lack of competition in the ticketing industry and the fact that Ticketmaster essentially runs everything.
During the hearing, the senior United States senator from Minnesota mentioned BTS. She stated, "From Taylor Swift to Springsteen to BTS, the lack of competition in the ticketing industry causes problems for fans and artists alike." She also stated, "The high fees, site disruptions and cancellations that customers experienced shows how Ticketmaster’s dominant market position means the company does not face any pressure to continually innovate and improve... When there is no competition to incentivize better services and fair prices, we all suffer the consequences."
Does the US Senate not realise it's being hypocritical? It was the USA that approved Ticketmaster buying up their closest rivals to become what it is and cause disruption to the ticketing industry. 🤦♂️
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yalalalala (Banned)-8,194 ptsWednesday, January 25, 2023 0
Wednesday, January 25, 2023
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these show tickets companies are huge scam. i hate how i just bought a kpop concert for such hefty price and half hour later it went down almost half the price!!! and I couldn't resell for a decent price!
Does the US Senate not realise it's being hypocritical? It was the USA that approved Ticketmaster buying up their closest rivals to become what it is and cause disruption to the ticketing industry. 🤦♂️
14 more replies