Nemeski@lemm.ee to entertainment@lemm.ee · 11 months agoIn 1976, concert tickets cost less than $10. Now, they can go for thousands. What happened?www.marketplace.orgexternal-linkmessage-square13fedilinkarrow-up147arrow-down11
arrow-up146arrow-down1external-linkIn 1976, concert tickets cost less than $10. Now, they can go for thousands. What happened?www.marketplace.orgNemeski@lemm.ee to entertainment@lemm.ee · 11 months agomessage-square13fedilink
minus-squareagamemnonymous@sh.itjust.workslinkfedilinkarrow-up19·edit-211 months agoTicketmaster monopolized tickets, Live Nation monopolized venues. They merged. Market economies enable efficient price discovery, when there’s competition.
minus-squareHootinNHollerin@lemmy.worldlinkfedilinkarrow-up7·edit-211 months agoThe government is supposed to bust monopolies. Teddy Roosevelt is rolling in his grave
Ticketmaster monopolized tickets, Live Nation monopolized venues. They merged. Market economies enable efficient price discovery, when there’s competition.
The government is supposed to bust monopolies. Teddy Roosevelt is rolling in his grave