![]() "There's literally not been a single time in our career where we've played at a Live Nation venue where we had any opportunity to not have Live Nation be the promoter or Ticketmaster be the ticketing company." – is what a monopoly looks like. If Washington won’t even bother with the low-hanging fruit, how can it chop down trees in Silicon Valley? ![]() Ticketmaster is such a flagrant example of monopolistic practices, yet regulators have done nothing to break them up. The Ticketmaster example, Szabo said in a statement, shows that, actually, there’s no need for all the work Congress and federal antitrust regulators like FTC Chair Lina Khan are doing to rethink competition policy in order to encompass industries like Big Tech. ![]() On Tuesday, Carl Szabo, vice president and general counsel of NetChoice, laid out the industry’s interest in the case. American Economic Liberties Project January 24, 2023īig Tech’s targeting of Ticketmaster is far from altruistic, however. Their claim that they only control about 50-60% of the ticketing business is bogus. Indeed, there are few companies less popular for better reasons than Ticketmaster, which controls some 80 percent of the concert venue market.Īnother real time fact check on Live Nation-Ticketmaster's spin. The choice of hearing sends a signal regarding congressional priorities, and Swifties and Big Tech alike celebrated the coal-raking of Ticketmaster. Senator Amy Klobuchar kicked it off with a reference to Taylor Swift. Right now the The Senate Judiciary Committee is holding a hearing on Ticketmaster, and whether or not the company has monopoly power, controlling too much of the ticket industry and driving up prices. The hearing included testimony from Joe Berchtold, president and chief financial officer of Live Nation Entertainment Jack Groetzinger, CEO of SeatGeek Jerry Mickelson, CEO and president of Jam Productions and musician Clyde Lawrence of the band Lawrence and advocates on both sides of the issue. ![]() Delivered to you.įor its first hearing of the year on Tuesday, January 24, the Senate Judiciary Committee chose to target Live Nation, with Chair Dick Durbin, D-Ill., in a panel titled, “That’s the Ticket: Promoting Competition and Protecting Consumers in Live Entertainment.” “Instead, the government should use existing laws and resources to protect consumers and investigate Ticketmaster’s anti-competitive practices in the concert marketplace.” “Congress and progressives like Amy Klobuchar are spending all this time going after tech leaders including Meta, Google, Amazon and Apple, which are far from monopolies,” NetChoice policy counsel Jennifer Huddleston said in an email November 16 to press and Washington power brokers. The next day, the lobbying firm NetChoice, which represents the Big Tech conglomerates in Washington, urged Congress and antitrust policymakers to focus their attention on Ticketmaster. Politicians dutifully denounced the decrepit company, and Big Tech spied an opening to deflect and distract. It was a poignant demonstration of monopolism run amok - and of what a mistake it had been for the Obama administration to have greenlighted the Ticketmaster-Live Nation merger that effectively ended competition in the ticketing industry. □□□✨ no longer bound - Forrest Frank & Hulvey.In mid-November, Swifties looking to secure tickets to the singer’s upcoming Eras Tour were foiled en masse by monopolistic incompetence of Live Nation, the parent company of Ticketmaster, which melted down amid the surge in demand. Lululemon outfit of the day with the details!! ✨□ it’s an athleisure kind of morning for me!! □□ #lululemon #lululemonoutfit #lululemonootd #lululemonoutfitfortheday #lululemonoutfitoftheday #lululemonoutfitinspo #definejacket #lululemondefinejacket #definejacketlululemon #swiftlytechshortsleeve #swiftlytechlulu #racelengthswiftlytech #alignjoggers #lululemonalign #lululemonalignjoggers #velvetdust #velvetdustlululemon #lululemonvelvetdust #preppy #preppyootd #preppyoutfitinspo #preppyoutfits #lulupreppy #preppylulu #lululemongirles #jesuslovesyou #heisgood □□Ħ3 Likes, TikTok video from Ava "lululemon outfit of the day with the details!! ✨□ it’s an athleisure kind of morning for me!! □□ #lululemon #lululemonoutfit #lululemonootd #lululemonoutfitfortheday #lululemonoutfitoftheday #lululemonoutfitinspo #definejacket #lululemondefinejacket #definejacketlululemon #swiftlytechshortsleeve #swiftlytechlulu #racelengthswiftlytech #alignjoggers #lululemonalign #lululemonalignjoggers #velvetdust #velvetdustlululemon #lululemonvelvetdust #preppy #preppyootd #preppyoutfitinspo #preppyoutfits #lulupreppy #preppylulu #lululemongirles #jesuslovesyou #heisgood □□".
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