Tennessee AG investigating Ticketmaster after Taylor Swift presale outages

Driving the news: Skrmetti said at a press conference that antitrust violations "could be an issue," per Bloomberg.

• A lack of competition could've made the company complacent and led to poor user experiences and higher prices, he said.
• "As an industry player, you would think Ticketmaster would be prepared," Skrmetti said about the pre-sale demand for Swift's tour.
• "Because they have a dominant position, they may have thought they didn’t need to worry about that. This could be an indicator that there’s not enough competition in the market"

What they're saying: Ticketmaster tweeted on Tuesday afternoon that there had been "unprecedented demand" for Swift's tour presale tickets and "hundreds of thousands have been sold."

• Ticketmaster is "actively selling tickets" and has a "great selection still available for most shows that are already onsale,” the company told Axios in an emailed statement.

Worth noting: Several Congress members have urged the Justice Department to launch its own probe into the state of competition in the ticketing industry.

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