From Washington: Taylor Swift Ticketmaster Debacle Triggers Anti-Trust Investigation

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 27 November 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the wake of the Taylor Swift “Era’s Tour” ticket sale fiasco, Congress has now announced they will create a subcommittee to investigate the lack of competition amongst ticket vendors. The controversy has also brought attention to many examples of corporate monopolies, most notably the anti-trust review into supermarket chain Kroger’s acquisition of rival Albertsons. Former Chairman of the Federal Trade Commission and Professor of Law at The George Washington University of Law, William Kovacic, explains how Ticketmaster and Live Nation were able to merge and rout competition, and how the power that the FTC and Congress hold could help limit corporate monopolies. House Republicans on the Oversight and Judiciary Committees say they plan to investigate the President and his family's business dealings abroad, as well as the Justice Department and FBI when they take the majority in January. After years of various congressional investigations, the question is what American voters want Republicans and Democrats to spend their time doing relating to issues such as inflation, Ukraine, crime, and the fentanyl crisis. Democratic Strategist and Co-host of The Five on the FOX News Channel Jessica Tarlov and former Utah Republican Congressman and FOX News Contributor Jason Chaffetz weigh in on the top concerns across the country. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Sunday, November 27th, 2022, I'm Jared Halperner. Taylor Swift, an anti-trust law that
0:12.5	you have more in common than you think, is Congress repairs hearings about ticket master.
0:18.0	To draw public attention to this, to show the larger public we're concerned about the
0:22.0	breakdown of performance and we're dealing with it.
0:24.5	I'm Jessica Rosenthal. Republicans are promising to investigate the president, his son Hunter
0:29.9	Biden, and Hunter's finances, as well as the DOJNFBI, while Democrats pledge to investigate
0:36.0	the investigators and put House Republicans on defense. But after midterms, is this what
0:41.2	most voters want? Or will it depend on what if anything is found?
0:45.3	Well, I think the chief concern is one of national security.
0:50.2	This is the Fox News rundown from Washington.
0:59.9	House Republicans on the Oversight and Judiciary Committee say they plan to investigate
1:11.6	the president and his family's business dealings abroad, as well as the Justice Department
1:16.2	and FBI, when they take the majority in January.
1:20.0	Oversight ranking member Kentucky Congressman James Comer set at a press conference after
1:23.7	the midterms, he has questions about the president's son Hunter, his finances, and how
1:29.1	much the president knows about it all.
1:31.2	In the 118th Congress, this committee will evaluate the status of Joe Biden's relationship
1:35.1	with his family's foreign partners, and whether he is a president who has compromised
1:38.8	or swayed by foreign dollars and influence.
1:41.4	Comer highlighted items he said were recovered from Hunter Biden's laptop, but he also claimed
1:46.2	there are dozens of suspicious activity reports from banks, red flagging hunters spending
1:51.0	that they want access to. He was asked by one reporter what sort of deliverable he wanted,
	...

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