Sounds like a pretty clear cut antitrust issue
Comment on How the fuck is this my problem, ticketmaster?!
johannesvanderwhales@lemmy.world 8 months agoWon’t work. Livenation owns the majority of the major venues in the US.
undercrust@lemmy.ca 8 months ago
foggy@lemmy.world 8 months ago
You’re saying you can’t make a new ticketmaster because first you’d need to make a new livenation and buy out the venues first…?
That doesn’t mean it won’t work. That just means you’d need to make a new livenation and buy out the venues first.
Szymon@lemmy.ca 8 months ago
A competing service in the non-Livenation venues would be enough to take a chunk of a Ticketmaster’s bottom line and force them to compete again, something they haven’t had to do in a while.
Maggoty@lemmy.world 8 months ago
Not really. But acts want big venues. Live Nation owns those or has exclusivity agreements with them. It is very much a monopoly.