The problem of high fees in the primary ticketing market (Ticketmaster) is not a disclosure problem (e.g., hidden fees, drip pricing).
The problem is a lack of competition, caused by combo of market power and long-term exclusive contracts with venues.
https://www.gao.gov/assets/700/691247.pdf">https://www.gao.gov/assets/70...
The problem is a lack of competition, caused by combo of market power and long-term exclusive contracts with venues.
https://www.gao.gov/assets/700/691247.pdf">https://www.gao.gov/assets/70...
Sunlight is NOT the best disinfectant for competition problems.
Seeing many of these bad takes of late.
Yeesh.
Seeing many of these bad takes of late.
Yeesh.
Good thread on the competition problem in the music industry here by @ronmknox https://twitter.com/ronmknox/status/1258821137909325829?s=20">https://twitter.com/ronmknox/...