Today, NetChoice commended U.S. Senators Klobuchar and Blumenthal’s request that the Department of Justice investigate Ticketmaster-Livenation anti-competitive actions, whether it has violated the Sherman Act, and if it should be broken up.
“The Department of Justice and state Attorneys Generals should address real instances of consumer harm from monopolies like Ticketmaster-Livenation instead of wasting resources on tech industry witch-hunts.” said Steve DelBianco, President of NetChoice.
“DoJ should focus on actual instances of consumer harm instead of targeting competitive businesses that a politician doesn’t like. Ticketmaster-Livenation has abused its dominant market position to raise ticket prices and “convenience fees,” and is therefore a far greater threat of consumer harm than competitive markets like social media and online platforms.”
The lack of competition has allowed Ticketmaster to continue increasing its “convenience fees,” even as technology should be driving those costs down.”