Live nation and ticketmaster to merge to create "music industry superpower"

Former Member

http://www.nme.com/news/various-artists/42676

I personally think this will push extortionate ticket prices even higher, and i'm wondering if this is actually against monopoly laws...

JsT

I think its probably good from the point that it gives consumers more security - less chance of companies going under with peoples money and tickets.

Former Member

but people won't be able to buy the bloody tickets in the first place because they're effectively created a cartel, and yeah companies will go bust now, even if they had been pretty secure beforehand...

its a disaster, and i don't know why people are letting it go ahead

Former Member

Ticketmaster is ridecelous and I always wonder how they are not a monopoly anyhow. The last tickets I bought, I paid $12 in "convience charges" and other fees. I think it was just a hair below 15% of the actual ticket price! There are so many shows where if you cannot buy before hand at the venue and you know there is no chance of buying them the day of. Also, so many times the venue doesn't even sell tickets and the only way to get them is thru ticketmaster and it would just be funner to sit on a rose bush.