Others pointed to Ticketmaster itself and its dominant presence in the ticketing market. He commented, “In 2009, I appeared in front of the committee to testify about the proposed merger of Live Nation and Ticketmaster. Pepsi doesn’t earn money from Coke, but our competitor Live Nation earns money from selling tickets to our concerts. Ticketmaster’s dominance in digital ticketing also creates incentives to limit competition from ticket resellers and brokers, thus impairing the functioning of the important secondary ticketing market. “The most obvious change is the emergence of the enormous secondary ticketing market, in which Ticketmaster has a modest market share and many strong competitors.

Source: Daily Nation January 25, 2023 00:34 UTC