Feds subpoena Ticketmaster over egregious concert ticket prices — A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn’t “feel comfortable” sharing information with Congress::A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn’t “feel comfortable” sharing information with Congress.
Ticketmaster/Live Nation is one of the most blatant monopolies in all of history. They should be torn to shreds.
Most people don’t even know how many music venues the monopoly has acquired over the past 20 years
It’s be easier to count the ones they haven’t gotten, on one hand.
I’m shocked it’s been allowed. They have been a monopoly for decades.
Since the 1980s
Live Nation and Ticketmaster merged in 2010. Why the merger was greenlit in the first place is beyond me.
A popular band brought that issue to Congress in the 90s and the first question they were asked was if they believed Ticketmaster had a right to make a profit.
For sure, this shit has been bothering me for years. For as long as I can remember, Ticketmaster has been the only way of getting tickets to big events near me. And I presume it’s the same for everyone else too.
How have they got away for so long without any competition?
Torn to shreds and soaked in lye until a smooth pulp is formed.