How big is Ticketmaster? How one company dominates the Irish market

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 77%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Fresh concerns have been raised with competition body about the online ticket market

Conor Pope: Coldplay and Taylor Swift are just the start: the ticket price plan to bleed Irish fans dryThat multinational in turn operates big Dublin venues, including 3 Arena, once called the Point Depot, and the Bord Gáis Energy, Gaiety and Olympia theatres. Live Nation is also responsible for the Electric Picnic festival, to be run next month in Stradbally, Co Laois, and Longitude, in Marlay Park in Dublin’s south suburbs, which was held in July.

None of Ticketmaster’s contracts can last longer than five years, nor can they include an automatic renewal clause. The company cannot make any upfront payments to customers meant to circumvent those terms. The company disputed that exclusivity clauses and long-term contracts had any effect on competition, or that upfront payments were a way of encouraging clients into multiyear exclusive deals. Its view was that “multiyear exclusive agreements allowed for the upfront financing of events and allowed customers to invest in infrastructure and technology”.

The CCPC noted that due to the legal nature of its work “we cannot share any further information about our engagement with Ticketmaster”.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Inflation hits 18 month low; companies face higher audit costs; and just how big is Ticketmaster?Inflation hits 18 month low; companies face higher audit costs; and just how big is Ticketmaster? Catch up with all the best news, analysis and comment from The Irish Times business desk.
Fuente: IrishTimesBiz - 🏆 6. / 77 Leer más »

DAA’s court reprieve on night flights restriction, Arboretum trading post-Covid, and Cork company signs EV deal with MercedesBusiness Today: the best news, analysis and comment from The Irish Times business desk
Fuente: IrishTimesBiz - 🏆 6. / 77 Leer más »