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submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] RizzRustbolt@lemmy.world 28 points 11 months ago

"Why don't you feel comfortable about sharing?"

"Before I tell you, you have to promise not to indict me."

"..."

"Promise?"

"... okay. We promise not to indict you."

"Okay, the thing is, I may have conspired with competitors to corner the market on ticket sales and bought up 85% of performance venues to lock in performers into using me to distribute tickets. Thus giving me near total control of the market."

"Yeah, that's a monopoly. We're breaking you up."

"YOU PROMISED NOT TO!"

"No, we promised not to indict you. Commerce doesn't need an indictment to pull your articles of corporation."

"Durnit!"

this post was submitted on 23 Nov 2023
871 points (99.3% liked)

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