Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
Ticket prices for live events have skyrocketed to ridiculous heights, thanks to the illegal monopoly held by Ticketmaster and Live Nation. As a passionate fan of live music, it is disheartening to see the exorbitant fees tacked onto ticket prices, making the experience unaffordable for many. The recent antitrust lawsuit filed by the Justice Department against Ticketmaster and Live Nation is a long-awaited step in the right direction. This lawsuit highlights the monopolistic practices that have fueled the price gouging and diminished competition in the live events industry.
Ticketmaster’s stronghold over ticket sales has created a system where fans are forced to pay unnecessary fees for their tickets.… Continue reading
John Q. Hosedrinker