| ▲ | goolz an hour ago | |
Does Ticketmaster not amplify prices and use perceived scarcity to drive up prices? They can due that because Live Nation is a monopoly in all but name. | ||
| ▲ | cortesoft 39 minutes ago | parent [-] | |
If the tickets still sell out at the higher prices, than it is real scarcity, not artificial scarcity. Each show has a set number of seats... it isn't an artificial monopoly, it is an intrinsic monopoly. People don't want to just go to A concert, they want to go to a SPECIFIC concert, and a concert venue only holds a set amount of people. | ||