Competition is central to capitalism.
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.
Katie Porter
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