this post was submitted on 17 Apr 2024
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The Department of Justice is preparing to file an antitrust lawsuit against Ticketmaster parent company Live Nation (www.theverge.com)
submitted 8 months ago by [email protected] to c/[email protected]
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[–] [email protected] 13 points 8 months ago

Pearl Jam tried to take them on a while back. The problem with monopolies is they’re incredibly powerful. They got that way by lobbying (read: bribing), and the more they succeed, they more they’re likely to succeed. Their power grows exponentially, basically. So by the time they get to be a monopoly, they’re basically super monopolies because they have the government in their pocket.