Why is it so hard to get concert tickets in Singapore?
Deep Dive
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The Importance of Setting Higher Prices for Tickets
Live nation entertainment is a large group that now dominates much of the market since it merged with Ticketmaster. It's estimated that they control 70% of the ticketing and live event venues market today. Walter, this seems like almost a monopoly. Is it good or bad for the business and for the consumer? I think it's a bit of a complex question because you have several parties involved in this supply chain," he says.
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