5 ms·

Sounds anticompetitive to me, antitrust action should be taken.

• kelseyfrog 3y ago
  Anti-trust (at least to me) has a connotation with trust-busting and splitting up companies, but I'd be interested in the ramifications of restricting Ticketmaster to creating contracts no longer than, say, 6 months. On one hand, free markets involve sellers and buyers coming together freely which exclusivity contracts prohibit, but on the other hand exclusivity contracts are nominally voluntary agreements which is a free exchange. Perhaps free-exchange simply isn't a useful framing here.
  • TT2048 3y ago
    This could be a headache for venues. The financial arbitrage is too good for them, they have almost zero risk of having their venue empty.
  • trollied 3y ago
    6 months would not make sense, when people routinely buy tickets for concerts 12-18 months out.
  • willis936 3y ago
    Trust busting exists for this very case. Shorter contracts would solve nothing because the market is as far from free as it can be and the one in charge has no interest in changing that.
  • hfhdjdks 3y ago
    The busting and splitting up is a hard tool, but anti-trust has many other tools at their disposal, including maintaining status quo (i.e. refusing the merge of two companies). Disclaimer: I don't work in the US, so I'm not sure if anti-trust there is heavily biased there to this heavy duty tool, but I do know they have plenty of other tools
• pockybum522 3y ago
  No chance of that, they're based in America