Lawmakers Speak Out Against Ticketmaster/Live Nation Superunion



Ticketmaster, the nation's forerunner in concert ticket distribution, and Live Nation, a new but increasingly powerful ticketing service, have threatened to merge and become "Live Nation Ticketmaster," defeating Live Nation's original purpose as a competitor. Luckily, the government seems to be doing what it's meant to and lawmakers of all political persuasions stepped forward yesterday, urging the Justice Department to view the merger with "great skepticism." The Chairman of the Antitrust, Competition Policy and Consumer Rights Subcommittee, Senator Herb Kohl, has expressed concerns about the merger stifling competition in the entertainment industry and potentially violating vertical integration laws. The concerns seem particularly valid in light of recent Ticketmaster "mishaps" involving Bruce Springsteen concert tickets. Luckily it looks like government officials, Republicans and Democrats alike, don't like paying an $8.00+ service charge on concert tickets either. Where are Eddie Vedder and Pearl Jam when you need them? (via RS)

Posted:
Lawmakers Speak Out Against Ticketmaster/Live Nation Superunion