Ticket rage: a national solution
It is so nice to see the backlash against Ticketmaster’s monopolistic practices. Two class action suits have been filed in Canada over the past weeks, and south of the border anti-trust alarm bells are ringing due to Ticketmaster’s proposed merger with Live Nation.
Tickets sales have become something close to a natural monopoly, and as such should either have their service charges regulated, or else be nationalized as a ticket distribution utility. My gripes against Ticketmaster go back a number of years, and though my post calling for the nationalization of Ticketmaster was somewhat tongue in cheek, it could be just the thin end of a wedge that turns rapacious monopolists into public utilities.
Given the abuses of monopoly power in Canada, nationalization could become hip and cool again. Once we get Ticketmaster, I want the whole dang internet taken out of the hands of Rogers, Shaw, Telus and Bell.