Ticketmaster Has Driven Swifties Into the Anti-Monopoly Movement

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Taylor Swift fans are calling to break up the company’s live events monopoly.

The anti-monopoly movement is having a moment. Gone are the days of associating evil market dominance with Standard Oil or Carnegie Steel, Bill Gates’ petulance during deposition, or how it feels to desperately mortgage Marvin Gardens because you landed at the hotel on Park Place.Amazon’s Antitrust Paradox

,” our government’s outdated enforcement standards “fail[ed] to register” monopolistic harm. Since then, millions more Americans have been awakened to the sinister power of monopolies in our economy – and the exciting political opportunities to rein them in. Last week, legions of new anti-monopolists were born. They have enormous potential to change the game: shrewd social media skills, undying loyalty, and encyclopedic knowledge. They’re Taylor Swift’s superfans – and they just might be the reason that the governmentThe Swifties – as Swift’s stans are affectionately nicknamed – experienced the destructive power of the live event and ticketing monopoly firsthand.

“Ticket prices may fluctuate, upon demand, at any time,” read an ominous warning on the Ticketmaster website. And they did: Due to their “dynamic pricing” system, which vaults ticket costs to a maximum market rate, fans reported buying tickets for thousands upon thousands of dollars, not including hefty fees, and prices spiked even higher on the secondary resale market.

 

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I'm sure Taylor Swift knew what was going to happen with this fiasco as it's all about her! She is rich enough to have her own ticket site just for her adoring fans, but it wouldn't draw all this free publicity and fuel the fever pitch when the rest of the tix do go on sale!

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Congress to hold hearing on Ticketmaster problems after Taylor Swift debacleA U.S. Senate antitrust panel will hold a hearing on the lack of competition in the ticketing industry after Ticketmaster's problems last week managing the sale of Taylor Swift tickets, Senator Amy Klobuchar, chair of the panel, said on Tuesday. never underestimate the impact of white girls experiencing a well established injustice Now we can finally expect action i mean, honestly it's a dumb reason to, but whatever gets the ball rolling there. bunch of thieves Taylor Swift should be forced to create an Onlyfans and all of the proceeds go to her fans who got mauled my ticketmaster.
Source: Reuters - 🏆 2. / 97 Read more »

Ticketmaster Will Now Have to Explain Itself to Lawmakers Following Taylor Swift Ticket DisasterSenator Amy Klobuchar is concerned there's a lack of competition among ticket sellers with Ticketmaster's steady hold on the live event market. She’s just as guilty Ticketmaster having to sit in front of Congress before SBF_FTX is all you need to know about what is wrong with our government. Took them long enough, Ticketbastard has been at this for a while now.
Source: Gizmodo - 🏆 556. / 51 Read more »