Thread with 9 posts
jump to expanded post
wait so ticketmaster/livenation has a vertically integrated monopoly in the us that drives up ticket prices to absurd levels? suddenly i understand why taylor swift fans or whatever were flying to fucking sweden from godknowswhere https://youtube.com/watch?v=u--se25_px8
this explains so much. i was struggling to understand how a tickets website could be such a problem because it's an extremely simple business that should be easy to compete with. but they don't just sell tickets. they own the ENTIRE LIVE MUSIC VALUE CHAIN. that's terrifying
not to apply silicon valley techbro arrogance, but… a website that sells tickets, in the digital era, is something a competent web developer could do as a weekend project. there being a monopoly seems extremely sus to me. network effects shouldn't apply so much here…
@hikari well given that major A list celebs can push millions of people fighting for tickets at the exact same time... it's not as easy to code infra that can handle that, especially if there are numbered seats in play
@diebarschlampe oh for sure, but it seems like a scalable business, starting from small venues and working your way up
I've been reading about them for years, here's Jamie Zawinski's coverage. Fortunately I'm way too poor for them to affect my life directly (indirectly of course they fuck us all).
cc @rigrig
@hikari its one of the most straightforward cases of abuse of a dominant market position that I know of if the markets authorities cared