U.S. Senate panel probes competition after Taylor Swift ticketing fiasco

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By Diane Bartz and Moira Warburton WASHINGTON (Reuters) -The U.S. Senate Judiciary Committee opened a hearing Tuesday on ticket industry competition issues after lawmakers raised concern about the disrupted sale of Taylor Swift concert tickets. The president of Ticketmaster parent Live Nation, Joe Berchtold, told the committee in written testimony that “industrial-scale ticket scalping” was to blame for the company’s problems late last year in the Swift sale. Ticketmaster, which has been unpopular with fans for years, has drawn fresh heat from U.S. lawmakers over how it handled ticket sales fo…

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