US Justice Department to seek breakup of Live Nation-Ticketmaster

Post by ElectroBuffoon » Thu, May 23, 2024, 4:19 AM UTC

laidoffamazon wrote: post #194

klyrs wrote: post #166

Earlier quoted context omitted.

In this case, because I don't expect Biden to win another term and I expect the prosecution of this case to take longer than a year. The last several administrations have opened their term by tearing down everything that the prior administration had done. To be specific: I'm not confident the prosecutor behind this will have a job at the end of the year.

I genuinely think that if Biden does not win another term there are far larger problems for the American project than Ticketmaster, including democracy existing as we know it today.

Post by bpodgursky » Thu, May 23, 2024, 4:39 AM UTC

g8oz wrote: post #231

EasyMark wrote: post #51

The FTC and DoJ have been hitting it out of the park recently, unfortunately, there are a lot of judges out there that think corps should be able to do anything they want.

Corporate America is certainly not a fan of FTC chair Lina Khan. She's been subjected to a barrage of attacks from places like the Wall Street journal so she must be doing something right. Jon Stewart revealed when interviewing her, that Apple executives had asked him not to have her on his podcast. https://youtu.be/CnC9JV5YtBY?feature=shared

Post by Ruthalas » Thu, May 23, 2024, 4:53 AM UTC

bpodgursky wrote: post #253

g8oz wrote: post #231

Earlier quoted context omitted.

Corporate America is certainly not a fan of FTC chair Lina Khan. She's been subjected to a barrage of attacks from places like the Wall Street journal so she must be doing something right. Jon Stewart revealed when interviewing her, that Apple executives had asked him not to have her on his podcast. https://youtu.be/CnC9JV5YtBY?feature=shared

I mean mostly people make fun of her for losing every important case she picks up.

Post by __loam » Thu, May 23, 2024, 4:53 AM UTC

willcipriano wrote: post #227

__loam wrote: post #190

Earlier quoted context omitted.

Giving up on your democratic representation is not going to make things better.

What democratic representation? > “The preferences of the average American appear to have only a miniscule, near-zero, statistically non-significant impact upon public policy.”

Post by vikingerik » Thu, May 23, 2024, 5:03 AM UTC

kelnos wrote: post #214

vikingerik wrote: post #91

Earlier quoted context omitted.

The monopoly is really the artists, who then delegate to the venues. Like, Bruce Springsteen ticket prices are high because only he is Bruce Springsteen and nobody else is. The real monopoly is on being Bruce Springsteen . Prices are high because of supply and demand for that artist ; Bruce Springsteen can only put on so many shows for so many seats and there is far more demand than that, no matter who is selling the…

> The market is set by what customers will pay [...] The Internet hivemind will always think it's entitled to ignore the laws of supply and demand And this is why "the market" isn't perfect, and flat-out sucks for some things. It doesn't have to be this way. Springsteen should be able to say "I want to charge $40 per ticket so my loyal fans, no matter what their financial situation, can see me perform", without havin…