In another brilliant article at the weblog Consumerist.com, editor Carey Greenberg-Berger details the evils of one of the most blatant monopolies of our time, and how it goes far beyond the annoying service fees and convenience charges that tack on 30% to your ticket purchases.
Did you know you aren’t Ticketmaster’s primary customer? Sure, you and your friends bought 141 million tickets last year, but Ticketmaster’s loyalty belongs to their true customers: venues and promoters. Ticketmaster secures its monopoly by goading them into multi-year agreements that empower Ticketmaster to act as their exclusive vendor. In exchange, Ticketmaster gives them money. Lots and lots of money. Several million dollars upfront, sometimes.
Click the link below for the full, eye opening article.
Ticketmaster Is Evil And Must Die [Consumerist.com]
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