The Latest Breaking News from Ticketmaster

The ticket market is not operating freely, according to pricing expert Gabriel Smith.

LAS VEGAS — The U.S. Senate is getting involved, dudes.

“First of all, it's called capitalism."

Lawmakers on the Senate Judiciary Committee are examining whether Live Nation has a monopoly on ticketing.

Some suggested it may be necessary to split Ticketmaster and Beverly Hills, California-based concert promoter Live Nation, which merged in 2010.

It was only a matter of time before a politician awkwardly quoted Taylor Swift at Tuesday morning’s Senate Judiciary Committee hearing on Ticketmaster, Live Nation and the U.S. ticketing market.

EDITORS/NEWS DIRECTORS:

WASHINGTON — For decades now, Ticketmaster has engendered bad blood from concertgoers angry over its fees but has managed to shake it off, growing into the largest ticketing company in America. But after crossing Taylor Swift fans, parent company Live Nation faced a Senate panel Tuesday intent on getting the…

Senator Richard Blumenthal, 76, was one of several who used the pop star’s own words during congressional hearings looking into last year’s ticketing debacle