Taylor Swift fans are seeing firsthand how when one company monopolizes a
market, prices soar and consumers suffer. We know all too well that
Ticketmaster’s monopoly enables it to exploit fans for profit.
Last week, I was proud to work with colleagues to urge the Department of
Justice to investigate.
The problem doesn’t end with Ticketmaster. Large corporations have taken
advantage and created monopolies over all sorts of things—from airline
tickets to bread.
Competition is central to capitalism. I’ll always stand up to corporations
who take advantage of us.
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