this post was submitted on 23 Nov 2023
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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 (www.vice.com)
submitted 11 months ago by [email protected] to c/[email protected]
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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.

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[–] [email protected] 136 points 11 months ago (5 children)

Ticketmaster/Live Nation is one of the most blatant monopolies in all of history. They should be torn to shreds.

[–] [email protected] 39 points 11 months ago (1 children)

Most people don't even know how many music venues the monopoly has acquired over the past 20 years

[–] [email protected] 25 points 11 months ago

It's be easier to count the ones they haven't gotten, on one hand.

[–] [email protected] 21 points 11 months ago (1 children)

I'm shocked it's been allowed. They have been a monopoly for decades.

[–] [email protected] 9 points 11 months ago (1 children)

Since the 1980s

[–] [email protected] 7 points 11 months ago

Live Nation and Ticketmaster merged in 2010. Why the merger was greenlit in the first place is beyond me.

[–] [email protected] 11 points 11 months ago

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?

[–] [email protected] 6 points 11 months ago

Torn to shreds and soaked in lye until a smooth pulp is formed.