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US Justice Department to seek breakup of Live Nation-Ticketmaster

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Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#11

Post by cbsmith »

dylan604 wrote: post #7

What's the typical turn time for a case like this from the time it is filed to the time it is actually in front of a judge/jury? This particular administration only has a guaranteed relevance of about 7 months. It could get extended, or it could get replaced and then cases like this would most likely get dropped. So, why bring it now?

I'm theory, prosecutions are a civil service function, not a political function. Changes in administration might change the leadership and what areas are prioritized, but once you have a case, it really shouldn't matter who is in office.

In theory.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#12

Post by LordKeren »

dylan604 wrote: post #7

What's the typical turn time for a case like this from the time it is filed to the time it is actually in front of a judge/jury? This particular administration only has a guaranteed relevance of about 7 months. It could get extended, or it could get replaced and then cases like this would most likely get dropped. So, why bring it now?

I would assume that like most of these kinds of very public cases, they spent a significant amount of time building their case internally before committing to filing suit.

Trying to guess at the internal machinations for how a bureaucracy sets priorities and budgets is a bit of a fools errand though

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#13

Post by cbsmith »

xenospn wrote: post #3

Finally. As someone who is active in the local music scene, I’ve spent thousands on junk fees over the years. Not sure why it has taken this long.

Particularly for the local music scene, where Live Nation usually isn't the promoter, the junk fees aren't coming from them.

Gotta remember Ticketmaster's margins are actually pretty thin.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#14

Post by xenospn »

bell-cot wrote: post #10
xenospn wrote: post #3

Finally. As someone who is active in the local music scene, I’ve spent thousands on junk fees over the years. Not sure why it has taken this long.

if( $Voters_Apathetic && ( $Political_Donations_From_Monopolists > $Political_Donations_From_Antimonopolists ) ) then { ...

Honestly, I don’t think they had to do a lot of political maneuvering. They were just allowed to grow unchecked, and no one was bothered. Until now.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#17

Post by hedora »

knappe wrote: post #5

I am so hopeful that this happens. I was comparing the fees to see a band in the US or EU recently based on their tour dates and it was insane what US ticket prices came out to be. It was ~$54 for a ticket in the US because of all the junk fees and just 8 euros for other places in the EU.

Recently, I bought tickets through their web page, and the seat hold timed out prematurely, making me reselect seats.

The tickets had been on sale for weeks, but in that 60 second window, scalpers just happened to buy the exact block I wanted out of 100’s of available seats.

Of course, ticket master owns some of the scalper companies.

Despite the blatant false advertising / auction fixing, I have no way to prove the above happened.

Anyway, a breakup of that company can’t come soon enough.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#18

Post by candiddevmike »

bell-cot wrote: post #10
xenospn wrote: post #3

Finally. As someone who is active in the local music scene, I’ve spent thousands on junk fees over the years. Not sure why it has taken this long.

if( $Voters_Apathetic && ( $Political_Donations_From_Monopolists > $Political_Donations_From_Antimonopolists ) ) then { ...

LYV has grown enough, politicians are ready to short and harvest it.

Re: US Justice Department to seek breakup of Live Nation-Ticketmaster

#20

Post by light_hue_1 »

dylan604 wrote: post #7

What's the typical turn time for a case like this from the time it is filed to the time it is actually in front of a judge/jury? This particular administration only has a guaranteed relevance of about 7 months. It could get extended, or it could get replaced and then cases like this would most likely get dropped. So, why bring it now?

One of the signature policies Biden is running on is his fight against junk fees. That's why this is will overlap the election. And why no one would be surprised if nothing happened if Biden lost.
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