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Ticketmaster v. Swifties

Big Take

The impact of dynamic pricing, Ticketmaster's monopoly, and potential government action

6min Snip

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This chapter explores the concept of dynamic pricing and its impact on consumers, focusing on Ticketmaster's monopoly in the ticketing industry. It discusses how this monopoly limits consumer choices and examines the effect of pricing on public sentiment towards monopolies, especially during inflation. The chapter concludes by suggesting possible actions to be taken by Washington and the Justice Department, such as holding a hearing, investigating Ticketmaster and Live Nation, and potentially breaking up the company.

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