Submitted by havereddit t3_125c4d2 in explainlikeimfive
AlanMorlock t1_je4qm7o wrote
Reply to comment by remarkablemayonaise 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
Functionally? Not really. Sometimes they feint at regulations but it's been a rubber stamp for most industries.
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