Senate Subcommittee Subpoenas Live Nation and Ticketmaster Over Ticket Pricing Practices

The subpoena follows a months-long investigation prompted by outrage over concert ticket prices.

Live Nation and its subsidiary Ticketmaster have been subpoenaed by the Senate Permanent Subcommittee on Investigations for information about their ticket pricing and fee practices.
The subpoena follows a previously unannounced months-long investigation into the companies, which control about 70% of the market for live event venues.
The investigation was prompted by outrage over ticket prices for concerts by Taylor Swift and Bruce Springsteen.
Live Nation has been accused of 'stonewalling' the investigation, failing to fully comply with requests for documents and information.
The subpoena requires Live Nation to provide documents and communications between vendors and artists about ticket pricing, as well as financial data related to fees and the company's relationship with artists and venues.