|
|
![]() ![]() |
|
Thread Tools | Display Modes |
![]() |
||
Would an idiot do that?
Join Date: Nov 2000
Location: Arizona
Casino cash: $-925069
![]() |
Justice Department sues Ticketmaster and owner Live Nation, alleging illegal monopoly
Thanks, Taylor!
Quote:
|
|
Posts: 59,491
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#106 |
sorta mod-ish
Join Date: Jan 2004
Location: KC North
Casino cash: $-98384
![]() |
Just how big of a stockholder are you in Live Nation, scho?
|
Posts: 106,693
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
#107 | |
Would an idiot do that?
Join Date: Nov 2000
Location: Arizona
Casino cash: $-925069
![]() |
Quote:
https://www.justice.gov/atr/speech/t...ee-perspective ..seems like they were basically calling out the fact they were playing with fire by allowing the merger in the first place, with some guidelines on how to play nice, and they think it's been ignored.
__________________
![]() |
|
Posts: 59,491
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
#108 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-790000
|
Zero shares owned.
Just not a fan of so much over regulation. The government is like the blob, just keeps expanding, creating cases, hiring more people, keep going after companies. Not a fan of scumbag companies either that hide safety data, use deadly chemicals or do illegal things and get away with it. Boeing is an example of a company that I agree the government needs to be tough on and for good reason.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
Posts: 54,969
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#109 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-790000
|
Quote:
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
|
Posts: 54,969
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
#110 | |
World's finest morphius
Join Date: Aug 2000
Casino cash: $5795027
|
Quote:
|
|
Posts: 26,022
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#111 |
...
Join Date: Nov 2001
Casino cash: $-1747500
|
One thing that got lost in this is it's not just a federal thing, there are 29 other states that have joined this lawsuit with the DOJ, including states like Texas and Oklahoma. That's over half the state governments in the country. Arizona just passed a "Taylor Swift" law to address some of this stuff. There is a lot to this at a state level, although I know that's a mixed bag too. The Cure tried to limit ticket resellers but had limited success based on various state laws. I know Billie Eilish was trying to sell no-transfer tickets too. But even with that, you play venues even like Kauffman or Sandstone it seems almost everyone there uses Ticketmaster. You can't really escape it.
|
Posts: 56,655
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#112 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-790000
|
Why is LiveNation/Ticketmaster the bad guy when people pay $500 for a seat that was bought for $100 and the person who originally bought it makes a ton? That's free market.
The entertainment industry should find a way to help resolve this. It seems that non-transferable tickets could work with todays technology. I think it is a slippery slope.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
Posts: 54,969
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#113 |
MVP
Join Date: Jan 2007
Location: Missouri
Casino cash: $-1797750
|
It seems fairly obvious they've done some stuff that shouldn't have been allowed. I'm not convinced they'll receive any more than a slap on the wrist and a "please don't do that" though, which they will promptly find a work around for.
It is interesting watching people get all pissed over ticket prices while continuing to ignore the monopolies within their food supply running wild. Perhaps it's just ignorance, but that doesn't make the entertainment vs food comparison any less comical. |
Posts: 9,037
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#114 |
MER
Join Date: Oct 2003
Location: Colorado
Casino cash: $-819649
![]() |
Artists can not choose another venue without being punished.
__________________
"Loving him is red." |
Posts: 23,581
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#115 | |
sorta mod-ish
Join Date: Jan 2004
Location: KC North
Casino cash: $-98384
![]() |
Quote:
You could have a point if there were another cometitor on Live Nation's level giving a choice of who you spend your money with, and therefore bringing down prices, but there isn't one. |
|
Posts: 106,693
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
#116 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-790000
|
Quote:
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
|
Posts: 54,969
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
#117 |
MER
Join Date: Oct 2003
Location: Colorado
Casino cash: $-819649
![]() |
Denver has a few venues that can fit 20,000. 2 that can fit 80,000.
The 2 that can fit 80,000 are run by Ticketmaster. It's offering anal with no lube.
__________________
"Loving him is red." |
Posts: 23,581
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
#118 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-790000
|
Quote:
![]()
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
|
Posts: 54,969
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() |
#119 |
Constable of Untruths
Join Date: Oct 2010
Location: Wichita
Casino cash: $-838916
![]() |
|
Posts: 15,348
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
![]() |
#120 |
MVP
Join Date: Aug 2017
Casino cash: $2900400
|
Interesting reads on how the government misfired about a "monopoly."
https://mises.org/mises-daily/100-ye...t-standard-oil https://fee.org/articles/the-myth-th...tory-monopoly/
__________________
"In America, the impossible is what we do best." -President Donald Trump "Be my brother or I’ll kill you." Nicolas Chamfort Sébastien-Roch, on the French Revolutionary principle of fraternity "Art, like morality, consists in drawing the line somewhere." GK Chesterton "It is our true policy to steer clear of permanent alliance with any portion of the foreign world." FAREWELL ADDRESS, 1796 |
Posts: 15,785
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() |
![]() ![]() |
|
|