They are a mafia monopoly in the most classical sense. For starters answer the question 'why everyone uses Ticketmaster'? What's the value again? Because the

They are a mafia monopoly in the most classical sense. For starters answer the question 'why everyone uses Ticketmaster'? What's the value again? Because there is no obvious value-creating reason. Live Nation owns 200 venues, and 300 major artists. With enough control over the value chain, you have to pay their tax, or go out of business as the artists they control - or other artists they can bully - avoid your venues entirely. Their power is entirely based on anti-competitive practice - they don't actually do anything of real merit. Plainly 'selling tickets' is not hard.