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.
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I mean that’s kind of the point isn’t it?
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.
