Live Nation Entertainment Is a Monopoly

Ticketmaster merged with Nive Nation in 2010 and now Live Nation Entertainment controls about 70% of the market for ticketing and live events venues. People are saying the company has a monopoly and the government should do something about it. Morgan: I'm never by tickets but every time I see that my $50 tickets have somehow gotten multiplied and doubled because of fees for Ticketmaster, I shakeMy head in disbelief that that's the market equilibrium.