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Ticketmaster
Ticketmaster
is the king of fees. A handling fee, a processing fee, a just-cause-we-can fee.
Frequently, these fees
make up more than 30 percent of the overall price of the
ticket. [1]
And it could get worse. Ticketmaster wants to merge with Live Nation, its
leading competitor, meaning that most of the tickets we could buy would be
coming from the new mega-ticket conglomerate. And from past experience we know
that the less
competition, the worse these guys get with their handling, processing and other
nonsense fees.
We can stop this ticket monopoly
from forming: Send an e-mail to Assistant Attorney General Christine Varney.
Assistant Attorney General Varney is the Department of Justice official tasked
with upholding anti-trust laws, and they are reviewing the merger right now. A
trust is exactly what could form if Live Nation and Ticketmaster are allowed to
merge.
Ticketmaster, along with its subsidiaries, contracts with roughly 200 artists.
Live Nation owns or has exclusive deals with 139 venues, and manages about 150
artists. Live Nation is Ticketmaster's biggest competitor in the ticket selling
business.
The new mega-ticket
monopoly would be the gatekeeper to most major venues and
artists, meaning that they would dominate most aspects of live concerts.
The fees are already extreme. For example, in a report by the Washington Post,
Ticketmaster added $16.60 in fees -- $4.10 for "processing," $3.50
for "facilities," and a $9 "convenience charge" -- to a $56
dollar ticket, about 30 percent. [2]
We need to stand up to their price-gouging now. Join me, and call on Assistant
Attorney General Varney to stop the merger:
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