https://www.reuters.com/article/us-ticketmaster-livenation-idUSTRE60O4E520100126The corrupt Obama Assistant AG that pushed the merger through despite objections from the artists, promoters, and venues was quoted-
“I will be keeping a very close eye on this settlement as we go forward,” Varney said. “You can probably expect to see three competitors and generally when you see robust competition you see prices coming down.”
Just like Obamacare, which happened during the same time period, they expected that having them in control of a newly formed single entity would “lower costs”for consumers. And similarly to Obamacare, the government authorized entity is having a profit windfall and passing it along to the administration via lobbyists and PACs as tribute to continue to exist.
https://www.justice.gov/atr/speech/ticketmasterlive-nation-merger-review-and-consent-decree-perspectiveThe uniparty will do a show hearing before the new congress is sworn in to virtual signal that they care that Ticketmaster is raking it in with these policies, while at the same time the exact same people that facilitated the monopoly are assuring the executives that their tribute payments weren’t for naught.
Doglegwarrior 0 points 1.5 years ago
Look up Taylor swift ticket prices it's fucking insane how much money she will make on this tour