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This monopoly is one of the best examples of our government being broken by lobbying. This problem is a least 30 years old and nothing has changed in all that time.
Absolutely. Between Ticketmaster and LiveNation, almost every performing venue in the United States is completely dominated.
We desperately, desperately need legitimate anti-trust actions in the United States; we need something that will reintroduce some actual competition into the market.
The first failure of the federal government that led to this path was in the 1990s and the Microsoft Antitrust Trials. That was the point at which there really could have been another way--but the billionaires, at that point, had all the inroads to government that the Reagan Administration made possible. Because Microsoft could buy politicians, the vast majority of people on the planet have never used any operating system other than Windows, and the Microsoft company gets billions upon billions of dollars from state/federal/municipal contracts.
Google and Apple, then, just followed the path that Microsoft bought and paved through government regulations. And that made it easy for other billion dollar companies like Ticketmaster and LiveNation to do the same thing in other realms--simply buy the laws, buy the politicians, buy the system that's supposed to regulate them, and then use that system to remove all competition.
And that made it easy for other billion dollar companies like Ticketmaster and LiveNation to do the same thing in other realms--simply buy the laws, buy the politicians, buy the system that's supposed to regulate them, and then use that system to remove all competition.
Most notably, actual competition -- a supposedly great boon of capitalism that drives up value for the customer -- nowhere to be found in that formula. This is the exact same path i believe we watch every successful product or service eventually take.
Concerts are the biggest way artists make money these days too. Support your local bands people.
Oh but it has. Things have been getting progressively worse.
Ticketmaster owes me a couple hundred dollars for a show that's been "delayed" for a year now. Meanwhile, I'm paying interest on the credit charges.
There's no way to get a refund or dispute the charges.
It should be illegal.
I mean even if the show had happened it sounds like you shouldn't have spent money you didn't have.
Thanks for the financial advice bro.
The point is that they borrow money for free. It's theft even if they one day refund the tickets. Because that's how money works. Apparently you should know that since you're clearly an expert.
On the one hand, maybe it might be considered a little scummy for a megacorporation to financially abuse people, but the important point here is how dare you try to enjoy your life.
Or - see my post above - they just keep my money for a cancelled show and make it impossible for me to get it back.
I'm likely to end up in the same situation unfortunately. I'm cancelling the card for unrelated reasons, so I don't really anticipate any way to see my money again.
That's the nature of monopoly. What are people going to do? Never leave the house?
I mean even if the show had happened it sounds like you shouldn't have spent money you didn't have.
You seem to be one of the blessed people who do not work a minimum wage job, barely making ends meet, with a desire to go to a concert 'cause you haven't been able to afford to for years.
Lucky you.
No, I don't believe you should do it if it is going to make you struggle more long-term. At what point do we just agree a given amount of money you don't have is stupid to spend. If someone spent $1,000+ that they can't actually pay on a t swift concert at 25% interest, yeah, maybe you'd be in a better situation for 2y if you avoided that extra few hundred in interest for like 4y. Preventing my own struggle certainly better than a few hours of entertainment and hearing loss.
I do believe people should be paid enough to afford joys in life without struggling so much but that's not the system we have.
I love how easily people are strawmanning this into something I didn't say.
You said ...
I mean even if the show had happened it sounds like you shouldn't have spent money you didn't have.
Please explain how my response was a strawman argument.
So if you have a mortgage, you're not supposed to buy anything until the house is paid off?
Housing is a bit different than concert tickets, both in terms of how essential it is and the interest rate involved. I’m not putting concert tickets on anything that’s accruing interest, that’s simply a bad financial decision.
A mortgage gets you a place to live with increasing amount of property ownership as time goes on. It isn't at 25% interest for one evening. You never get the money back from going to a concert, you do get at least some back on a mortgage.
You could use your ticket money to pay off your mortgage, so all of your spendings are costing you the same interest at minimum.
Just do a charge back on your credit card.
It's been too long. Most credit cards only allow a limited period of time to challenge a charge. I stupidly hoped that it would be rescheduled. You know, since Ticketmaster told me it would be. After 60-90 days, the money is theirs whether they deliver a product or not.
That is awful. Didn't realize there was a time limit on charge backs.
There is, but it's flexible depending on the purchase. I've successfully done one nearly a year later when I bought a used phone off eBay, shipped it back under warranty, and once the seller had it they stopped responding. Both eBay and my bank advised me to do a chargeback. I did, and got my money back.
Meanwhile, I'm paying interest on the credit charges
You wouldn't be had you been responsible and actually paid your card off at the end of the month.
Pearl Jam tried to save us.
I bought the SmithTix tickets!
They’re clearly an anticompetitive monopoly. Wish I could say I’m optimistic that the DOJ can pull off something positive in regards to this case, or anything really.
Guess I should try to start some sort of grassroots campaign accusing Live Nation of being woke
Live Nation of being woke
Many people are saying it. Good people, honest people.
A man came up to me... a big man.... a marine.... and he had tears in his eyes. He said to me, "Sir, please break up that woke Live Nation."
I mean, they kowtowed to Swift, that's pretty woke. :D
Great angle
They should at least outlaw the exclusive deals with venues and artists which they use to crush the competition.
I bought tickets through Ticketmaster for a concert that was happening in April ‘20. I bought them a few months in advance right when they went on sale, because of course I had no idea of the coming pandemic. The concert got rescheduled to the Fall of ‘20, then rescheduled again for early ‘21, then eventually cancelled. Ticketmaster said that they would refund my money back to my original payment method, my debit card. One problem, in the time that this had dragged on - over a year and a half - my debit card had expired, and the bank had issued me a new one. So the original debit card information was no longer valid, and the money wouldn’t go back on it. Ever try to get customer service from Ticketmaster? Yeah, good luck with that. They refuse to respond, and they make it so difficult that they eventually achieved their goal - frustrating me to the point of just throwing my hands up in disgust and giving up. Money gone. Have I bought tickets through Ticketmaster since then? Of course I have, because there were some acts that I really wanted to see, and what other choice do I have?!?
I hope their CEO broke his leg falling off of his third gold toilet that my money helped him purchase.
Repeat after me: FUCK TICKET MASTER.
Our governments put on a good show with their anti-monopoly commissions, but then you buy a ticket to watch your favourite band and the promoter, venue, reseller, march stand… even the touts are all the same company.
As much as the Savanna Bananas ticket lottery annoyed me, it's really cool that they sold their own tickets for a flat price instead of using Ticketmaster.