It's About Time
Posted: Tue Apr 16, 2024 10:33 am
Reports are that the Justice Dept is "preparing" to sue Live Nation (ticketmaster) for antitrust violations, and the people are (or will be) happy!
TM controls 70% of the initial sales of tickets at the country's largest venues and has exclusive contracts with many of them (per Andrew Ross Sorkin).
I still don't understand how the original merger of Live Nation and TM passed antitrust scrutiny but better late than never.
TM controls 70% of the initial sales of tickets at the country's largest venues and has exclusive contracts with many of them (per Andrew Ross Sorkin).
I still don't understand how the original merger of Live Nation and TM passed antitrust scrutiny but better late than never.