Apparently Ticketmaster Doesn't Like Having Competition
from the and-so-it-goes dept
Remember back in the day when Ticketmaster was the absolute monopoly in ticket sales for various venues and events? You simply couldn’t avoid Ticketmaster and their ridiculous fees upon fees. A dozen years ago, Pearl Jam took on Ticketmaster, claiming that the company had a monopoly on ticket sales and were able to keep ticket price artificially high. Well, it appears that Ticketmaster doesn’t like the idea that the internet has brought in new competition. Three years ago, we noted that, due to competition from online resale sites, Ticketmaster was launching a new service to auction off tickets itself. However, sites like Stubhub, eBay and Craigslist appear to have much better traffic for such things — perhaps due to the public’s general dislike of Ticketmaster for years and years of ridiculous fees. Of course, when you have a monopoly that is being attacked by competitors, what do you do? You go to the government to get new legislation passed to help you hold onto your monopoly. Ticketmaster is trying to get laws passed that would make it illegal to sell tickets above face value… unless you have an arrangement with the venue and they share in some of the profits. Ticketmaster, of course, already has many such deals in place. They spin this as “protecting” ticket buyers from fake scalped tickets, but the other sites in the space note that bogus tickets aren’t a very big problem, and there are often other ways to deal with it. Instead, this looks like Ticketmaster is running to the government to help it keep its supposed monopoly in the face of competition.