The Justice Department is suing ticket giant Live Nation, the parent company of Ticketmaster because of what they call “monopolistic control” of the event ticket market, which has driven up ticket prices over the years.
I usually am against the federal government meddling with legitimate businesses, but if something can be done to bring down concert ticket prices I’m all for it. It’s all the damn fees they add that are my issue. Lately the additional fees are as much as the actual ticket prices.
apnews.com
I usually am against the federal government meddling with legitimate businesses, but if something can be done to bring down concert ticket prices I’m all for it. It’s all the damn fees they add that are my issue. Lately the additional fees are as much as the actual ticket prices.
Justice Department says illegal monopoly by Ticketmaster and Live Nation drives up prices for fans
The Justice Department has filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, accusing them of running an illegal monopoly over live events in America and driving up prices for fans.
apnews.com
