Live Nation/Ticketmaster is a monopoly, which is why it can get away with providing awful service, charging exorbitant prices, and tacking on fees as high as 75% of the ticket price.
The DoJ will announce an antitrust lawsuit against the company this week.
@rbreich
Perplexity AI: #Obama "Justice Department's antitrust regulator at the time, Christine A. Varney, claimed the merger would allow "enough air and sunlight in the space for strong competitors to take root, grow, and thrive". However, this has not materialized, as Live Nation Entertainment now controls "nearly every aspect" of the ticket business, leading to record-high ticket prices and onerous fees for consumers." #LiveNation#Ticketmaster#ticketing#monopoly