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by passwordoops 1300 days ago
There's a lot more to monopoly harm than just pricing.

The reason ticketmaster can get away with bad tech solutions is there's no alternative. No alternative means no incentive to improve. And though consumer prices may be lower, venues and artists get squeezed, without really seeing an additional benefit and since there is no alternative Ticketmaster can call the shots.

On a related note, it's extraordinarily shameful that the culture of anti trust has centered exclusively on higher prices since the 80s. I'm glad to see enforcers in DC slowly abandoning this misguided reason and we'll hopefully get back to something resembling the trust-busting of the 30s and 40s

2 comments

I've read that the artists and promoters prefer that Ticketmaster takes the heat. The top artists get almost all of the ticket face value and the promoter cut comes out of a kickback on the convenience fee. Ticketmaster also does a better job now of reducing the gap between face value and resale value. Bruce Springsteen ran real dynamic pricing for his tickets and the fans are mad at him -- better to do what Taylor Swift did and blame Ticketmaster for the high prices.
This is just false. Look at Axs and SeatGeek. Are you really trying to say their systems are better.

Even google and Amazon struggle on Black Fridays