Posted by Wisdom-Speaks90 pts Wednesday, January 25, 2023
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."
yalalalala (Banned)-8,194 ptsWednesday, January 25, 2023 0
Wednesday, January 25, 2023
[+] This user has a poor community rating, click here to read this comment.
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!
1(+1 / -0)
Share
whatever10111,925 ptsWednesday, January 25, 2023 3
Wednesday, January 25, 2023
I think it should be made clear that Army literally had the same exact problem well before Taylor's concert that went under the radar by the general public.
SHARE
yalalalala (Banned)-8,194 pts Wednesday, January 25, 2023 0[+] This user has a poor community rating, click here to read this comment.