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submitted 7 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] realitista@lemm.ee 135 points 7 months ago

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

[-] Bonskreeskreeskree@lemmy.world 39 points 7 months ago

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

[-] slumberlust@lemmy.world 25 points 7 months ago

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

[-] ipkpjersi@lemmy.ml 21 points 7 months ago

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

[-] BearOfaTime@lemm.ee 9 points 7 months ago

Since the 1980s

[-] kWazt@lemmy.world 7 points 7 months ago

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

[-] DeathWearsANecktie@lemm.ee 11 points 7 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?

[-] OhmsLawn@lemmy.world 6 points 7 months ago

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

this post was submitted on 23 Nov 2023

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