breathing_normally t1_je42wq6 wrote on March 29, 2023 at 7:23 AM

Reply to comment by quackduck45 in ELI5: Everyone knows that Ticketmaster is the biggest scumbucket enterprise on the planet yet no band seems able to avoid their grasp. What's to stop a really major act (e.g. Taylor Swift) from performing in venues that are not controlled by Ticketmaster, or just setting up a parallel company? by havereddit

Unchecked capitalism. Ticketmaster operates in my country too, but is tamed by regulation. Capitalism has some great benefits but anti-trust regulation must be really robust for it not to morph in to a kind of feudalism