AOC Blames Inflation on ‘Monopoly Power,’ From Ticketmaster to Groceries – By Emma Mayer (Newsweek) / Nov 24, 2022
New York Democratic Representative Alexandria Ocasio-Cortez bashed Ticketmaster in a new interview with Rolling Stone, blaming inflation on rising monopoly powers.
The ticketing hub has been under intense scrutiny in the last few weeks after sales for Taylor Swift’s coming 2023 Eras Tour turned into a ticketing nightmare. Verified fans who signed up for the presale were held in hours-long queues online amid website crashes and “historically unprecedented demand with millions showing up to buy tickets,” Ticketmaster tweeted last week.
Fans were angered and calls for an investigation into Ticketmaster’s business were echoed by members of Congress, including Ocasio-Cortez, who on November 15 wrote on Twitter, “Daily reminder that Ticketmaster is a monopoly, it’s [sic] merger with LiveNation should never have been approved, and they need to be reigned [sic] in. Break them up.”
CONTINUE > https://www.newsweek.com/aoc-blames-inflation-monopoly-power-ticketmaster-groceries-1762227
