US blindsides states with surprise settlement in Live Nation/Ticketmaster trial

Posted by voxadam 1 day ago

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Comments

Comment by jaybrendansmith 23 hours ago

Rock is truly dead. Regulatory capture disguised as antitrust enforcement.

Comment by euroderf 1 day ago

Follow the money.

Comment by igor47 1 day ago

More grift from the Trump admin, a Trump ally is on Ticketmaster board and they fired the DoJ antitrust chief last month to make this deal happen. Ticketmaster paying 3 days of revenue as a fine and getting a slap on the wrist. The terms include them promising not to do any more illegal stuff that was already illegal and they just did anyway, such as retaliating against artists and venues that try to oppose them. Meanwhile we get to continue paying a 30% convenience fee for our tickets, the only reasonable remaining way to support artists in the Spotify era, plus we get to use their shitty app.

Comment by i2oc 23 hours ago

Yeah there is something fishy here. There is ample evidence of anti competitive behaviour. TM/LN are well known in the industry as being bullies. This should be a slam dunk case for someone who really wanted to chase it.

The resale market at minimum should be separated, if not the ticketing from the touring side.

Comment by toraway 1 day ago

Wait a year and Ted Cruz or another Republican Senator will make a big thing about standing up for the average Joe getting ripped off by Ticketmaster and promptly do nothing about it again.

Right wing populism is so depressing to watch…

Comment by ta9000 19 hours ago

The solution is to stop going to these shows. If enough people do it, eventually prices will adjust.

Comment by MrFots 2 hours ago

Stop going to shows. Cancel consumption subscriptions. Quit eating and drinking garbage.

Unfortunately, panis et circenses are what the masses want, and we're all the worse for it.

You shouldn't have been downvoted.

Comment by wussboy 15 hours ago

Any solution that requires a bunch of independent actors to go against their best interests will certainly fail. You need to find another option

Comment by ta9000 13 hours ago

Then they should stop complaining that ticket prices are too high. If they were too high, they wouldn’t be going, I guess.

Comment by tencentshill 13 hours ago

They have determined, with mathematical precision, the exact maximum fans are willing to pay. Not legally a scam, but still unethical and should not be rewarded.

Comment by csto12 1 day ago

Is grift the right word to use here? Is all corruption grift?

Comment by dragonwriter 23 hours ago

All corruption (and other dishonest ways of making profit or advantage) is graft, to attempt sell something under false pretenses is to grift [0].

Grifting is often among the techniques used to effectuate graft.

IMO, the upthread post reads better with “graft” which is a abstract noun, matching the use upthread, where “grift” is usually a verb (I've also seen it used as a concrete now for a particular operation in which the agent is perceived to be grifting.)

[0] Most dictionaries I think will still say this is specific to small-scale swindling, but I think that's a lagging indicator; IME, usage has drifted to be more generalized, with large scale operations often referred to as grifting.

Comment by IAmBroom 16 hours ago

Grift is slang. Graft has a long historical usage, and therefore a well-established definition.

Comment by suchoudh 20 hours ago

if anyone thinks this is not preplanned is fooling themselves.

I have lost counts of Trump doing insider trading violations. This guy is dangerous not just for US but for entire world order. STOP him.

Comment by ta9000 19 hours ago

What would you suggest we do?

Comment by sumedh 17 hours ago

Vote?

Protests?

Comment by IAmBroom 16 hours ago

And maybe strongly worded letters to our congressmen? /s

Comment by DANmode 12 hours ago

Funny, but have you actually tried that?

When enough people do, it’s easy to figure out who’s representing you, and who isn’t.