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WeDriftEternal t1_je3q9fe wrote

Reply to comment by AlanMorlock in ELI5: Everyone knows that Ticketmaster is the biggest scumbucket enterprise on the planet yet no band seems able to avoid their grasp. What's to stop a really major act (e.g. Taylor Swift) from performing in venues that are not controlled by Ticketmaster, or just setting up a parallel company? by havereddit

There's not necessarily a good alternative, but thats not really whats at the heart of the situation here, it more has to do with how the deals are made and big time artists juice their deals and ticketmaster eats the shit for it. Not that ticketmaster isn't a piece of shit and scam, they are, but the artists are not innocent, nor are they ignorant of whats happening, either, they are happily complicent (again except Robert Smith)

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AlanMorlock t1_je3rs66 wrote

None of which would work if they hadn't been allowed to vertically integrate and take over the ticketing for essentially every venue over a certain size. There's not another game in town.

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WeDriftEternal t1_je3tk3g wrote

This was all working just as it is now even before the Live Nation merger. The merger didn't help the situation, but its not like it was any different before, because it wasn't.

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remarkablemayonaise t1_je3y0fo wrote

Don't you guys have a competition commission to "anti trust" these mergers?

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AlanMorlock t1_je4qm7o wrote

Functionally? Not really. Sometimes they feint at regulations but it's been a rubber stamp for most industries.

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WeDriftEternal t1_je3y4ra wrote

This probably should have had conditions attached. I haven’t reviewed the case though.

Lots of times vertical integration is allowed easily though (for complex business reasons)

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