cross-posted from: https://lemmy.world/post/8662330
Feds subpoena Ticketmaster over egregious concert ticket prices — A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn’t “feel comfortable” sharing information with Congress::A spokesperson for Live Nation, which owns Ticketmaster, said the firm doesn’t “feel comfortable” sharing information with Congress.
Instead of trying to set prices or prosecute based in prices, the Fed needs to be doing antitrust breakups.
Competition will ensure a fair price, so long as the market has competition.