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Taylor Swift ticket chaos leads to US Justice department probe of Ticketmaster, Live Nation

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Taylor Swift fans have been left angered after attempts to buy tickets to the singer's "Era Tour" were disrupted. Purchases on TicketMaster appeared to be scooped up by bots and scalpers, who then resold it at drastic mark-ups. The outrage has led to the U.S. Justice Department and Senate both launching investigations into the ticket seller and its parent company, Live Nation.

Global's Anne Gaviola speaks with The Peak Daily Podcast's Brett Chang about what this could mean and why both bodies are looking into possible antitrust violations.

Gaviola and Chang also take a look at the ongoing fallout with FTX, after the vast majority of assets held in the platform — customer accounts — were stolen. Authorities say they're not likely to be recovered, leaving every day investors out of luck.

Labour negotiations are taking place in different provinces across Canada, including recent talks between the union representing education workers and the Ontario government. The pair talk about how the labour market favours workers, and why these negotiations are not just about wages but working conditions.

For more top business and tech news, visit The Peak Daily at https://readthepeak.com/shows/the-peak-daily

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Category
U.S. & Canada
Tags
global news, Taylor Swift, Era Tour
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