[robot_no_421]

The fact that concerts are a luxury is not the problem. The problem is that the relationship between LiveNation and Ticketmaster is anti-competitive and does not provide any economic benefit for anybody besides LiveNation/TicketMaster.

The way capitalism is supposed to work is that competition and supply and demand push the market price of goods to an optimal price thats economically beneficial for buyer and seller. But anti-competitive practices like bundling products and artificially limiting supply interfere with that process.

If LiveNation and TicketMaster were two different entities, there would be a lot more competition for who to use for ticket distribution and prices for tickets would be a lot cheaper, which benefits the purchaser and increases economic competition and productivity.