[safety1st]

On the contrary, economists have known for some time [1] that this (investing in improvements to their product) is exactly what monopolies DON'T do well.

And the DoJ is suing Ticketmaster for being an abusive monopoly as we speak, so.....

[1] Actually, we've known this as far back as Adam Smith! He talked a fair bit of shit about monopolies in The Wealth of Nations. His "invisible hand," after all, was competition, which monopolies by definition don't have.

Remember this every time someone talks shit about capitalism and points to corrupt and abusive American monopolies as evidence of why it's a failed system. America's government only really started leaning into its modern love for monopolies from the Reagan administration onward - in defiance of centuries of evidence that it was a bad idea.