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@larrysmiller Agree, but doesn’t the crux of Marciano’s argument also hold water? That being Live Nation deploying the “excessive profits of its ticketing monopoly to outspend what the concert market can profitably sustain.” Are the recent cancellation of tours a symptom of this exuberance?
@BrandoLightShed I mean, haven’t ticketing fees become egregious and entrenched due to the combination of ticketing exclusivity and promoter market share. Clearly the consumer has become disadvantaged, which may not have been the case at the time of the merger or post merger review period.
The Department of Justice will sue concert and ticketing giant Live Nation and ask that the company be broken up in a remarkable antitrust lawsuit, a source familiar with the matter tells Rolling Stone https://t.co/q1jnmzJQ1r https://t.co/q1jnmzJQ1r