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Live Nation illegally monopolized ticketing market, jury finds

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Re: Live Nation illegally monopolized ticketing market, jury finds

#91
post #16

The horizontal control of venues is only one issue. A perhaps bigger issue is the vertical integration (if that's the right term) of first-party ticket sales and resale in one company. Ticketmaster has no real incentive to try to prevent resellers from buying up all the tickets on first sale, because it gets to charge fees on all the resales through its platform. The more times a ticket is resold, the better. I don't…

What I'd like to see is the banning of real time dynamic pricing of any kind in all industries.

Re: Live Nation illegally monopolized ticketing market, jury finds

#92

Earlier quoted context omitted.

Why not just ban the transfer of tickets and allow refunds? You buy a ticket, you show your ID at the door. Early refunded tickets get resold online and late refunds are sold at the venue. All seats, including the best seats, go to actual fans instead of scalpers just hoping to make a profit while providing zero value. First choice in seats goes to the most passionate and attentive fans.

That's fairly common in Japan: you can't transfer tickets, as they get a name attached at purchase, and many concerts use a lottery system. You register interest in tickets, and if you're selected, you get a window to buy them. No camping out the minute presales open, and the price is the price instead of rent-extracting dynamic bullshit. Square Enix did that for the Final Fantasy conventions in the US as well (where…

The Savannah bananas do that for their tickets. You enter a free lottery to buy tickets then pay the same price regardless of when you buy them in that window if you're chosen. I don't think there's much scalping that happens with their tickets, so it must work.

Re: Live Nation illegally monopolized ticketing market, jury finds

#93
post #16

The horizontal control of venues is only one issue. A perhaps bigger issue is the vertical integration (if that's the right term) of first-party ticket sales and resale in one company. Ticketmaster has no real incentive to try to prevent resellers from buying up all the tickets on first sale, because it gets to charge fees on all the resales through its platform. The more times a ticket is resold, the better. I don't…

Why not just ban the transfer of tickets and allow refunds? You buy a ticket, you show your ID at the door. Early refunded tickets get resold online and late refunds are sold at the venue. All seats, including the best seats, go to actual fans instead of scalpers just hoping to make a profit while providing zero value. First choice in seats goes to the most passionate and attentive fans.

Alternatively only allow transfers within a very short period of the event. Anyone with a legitimate reason (giving to a friend etc) can work it out even on the day of the event. But scalpers have to take on a big risk buying up the good seats early, because they have a short window of time within which to secure a sale (buyers won't risk pre-paying, sellers can't risk prospective buyers backing out at the last minute).

Another tactic I've seen when there isn't assigned seating - just different tiers of seating - is to hold back some small portion of tickets to release shortly before the event, devaluing the scalpers' listings.

Online streaming tickets can also help, especially if the fans have enough of an anti-scalper stance. They'd choose one of the endless live streaming tickets over buying from scalpers just to go in-person.

I can only assume that the people flippantly proposing that the solution should be to restrict consumer freedoms don't attend these types of events themselves. Why should we immediately jump to limiting freedoms when we can increase the risk of scalping enough to be beyond the tolerance of most scalpers.

Re: Live Nation illegally monopolized ticketing market, jury finds

#94
post #60

Earlier quoted context omitted.

Airline tickets and train tickets are because they want to identify the person, for tracking/supposed national security purposes. Also, you typically can transfer train tickets. Depends on the country. Dinner reservations: I’ve literally never had an issue “transferring” a reservation. There’s no verification, often, and the reservation tools typically let you change contact details. If I present myself as John Smith…

> Concert tickets are almost certainly in the 'dinner reservation' category. They have no need to identify me for national security reasons Admittedly I haven't been to many concerts, but 'national security reasons' seems like a reasonable rationale to me because a packed concert sounds like a great place to set off a suicide bomb vest for maximum impact. Have a cut-out who doesn't raise any red flags buy the ticket…

Lots of big venues have metal detectors or wands, which targets the right thing, instead of privacy.

Re: Live Nation illegally monopolized ticketing market, jury finds

#95
post #16

The horizontal control of venues is only one issue. A perhaps bigger issue is the vertical integration (if that's the right term) of first-party ticket sales and resale in one company. Ticketmaster has no real incentive to try to prevent resellers from buying up all the tickets on first sale, because it gets to charge fees on all the resales through its platform. The more times a ticket is resold, the better. I don't…

Why not just ban the transfer of tickets and allow refunds? You buy a ticket, you show your ID at the door. Early refunded tickets get resold online and late refunds are sold at the venue. All seats, including the best seats, go to actual fans instead of scalpers just hoping to make a profit while providing zero value. First choice in seats goes to the most passionate and attentive fans.

Another option is to just go see live shows at local independent venues instead of letting Live Nation jerk you around.

Re: Live Nation illegally monopolized ticketing market, jury finds

#96
post #95

Earlier quoted context omitted.

Why not just ban the transfer of tickets and allow refunds? You buy a ticket, you show your ID at the door. Early refunded tickets get resold online and late refunds are sold at the venue. All seats, including the best seats, go to actual fans instead of scalpers just hoping to make a profit while providing zero value. First choice in seats goes to the most passionate and attentive fans.

Another option is to just go see live shows at local independent venues instead of letting Live Nation jerk you around.

None of the big artists people want to see ever play at those venues

Re: Live Nation illegally monopolized ticketing market, jury finds

#97
post #21

Earlier quoted context omitted.

It should also be said that they could do anything at all to prevent these professional scalpers from scooping up all the tickets at once, including even merely closing those APIs entirely but they continue to do nothing about it. The verified re-sale thing as you have correctly pointed out just allowed them to pretend like something was being done about scalping while it actually just let them make more money on the…

It's long been speculated that they clandestinely participate in the resale market. If the goal of a business is to maximize profit and they control the market and technology around it, they have everything they need to push prices to the absolute limit that a customer is willing to pay. Based on what came out during the course of the trial, it would not surprise me at all if they are double-selling tickets.

It's wild that everyone seems to have forgotten that Ticketmaster acquired TradeDesk and actively marketed to scalpers [1] just a couple of years ago. Seems they shut down the platform last year, maybe the "ticket bank" [2] idea worked better... Pretty clear to me that they will use any chance to monetize their monopoly.

[1] https://www.cbc.ca/news/business/competition-bureau-ticketma...

[2] https://www.musicbusinessworldwide.com/judge-signals-hell-le...

Re: Live Nation illegally monopolized ticketing market, jury finds

#98

Earlier quoted context omitted.

For many events, the demographics lean toward age groups where people have jobs with work schedules that aren't known more than a few weeks in advance. The initially planned friend group (e.g., four people) can have little overlap with who is actually free on the event date and actually attends. Also, if the event has assigned seating, people buying their own tickets typically has the adverse outcome that you can't s…

The rebuttal is: works fine on airplanes (minus abusive change fees for economy seats)

Most flights are available at high frequencies (on the order of days, weeks) compared to concerts (once a year or so). You also don't care as much about sitting together on a plane.

Re: Live Nation illegally monopolized ticketing market, jury finds

#99
post #60

Earlier quoted context omitted.

Airline tickets and train tickets are because they want to identify the person, for tracking/supposed national security purposes. Also, you typically can transfer train tickets. Depends on the country. Dinner reservations: I’ve literally never had an issue “transferring” a reservation. There’s no verification, often, and the reservation tools typically let you change contact details. If I present myself as John Smith…

Airline tickets are done for identity at some level (although even that is dubious since until recently you could fly without any id at all), but at another level they charge exorbitant fees to change the name on the ticket or even to just cancel the itinerary.

Seems to be partly price discrimination, I guess that people willing to pay more will fork out for flexible tickets. Same goes for seat allocation.

Re: Live Nation illegally monopolized ticketing market, jury finds

#100

Earlier quoted context omitted.

It makes you wonder why the DoJ settled so early. Or, rather, it doesn’t really make you wonder at all. It’s obvious there was a case and they should have let their lawsuit run. I wonder why they didn’t?

Bribes, campaign donations, presidential ballrooms. The current administration has settled MANY cases that they'd already won, it's very easy to buy favors now.

In particular, Live Nation gave $500,000 to Trump's "inauguration fund" [0] and took on a Trump flunkie onto their board of directors. [1]

[0] https://www.citizen.org/news/trumps-corporate-inauguration-d...

[1] https://variety.com/2025/music/news/live-nation-names-richar...

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