Ticketmaster

Ticketmaster: Leading Ticketing Company and Antitrust Concerns

Ticketmaster is a premier outlet for event tickets but faces antitrust concerns. Learn how to add tickets to Apple Wallet and about recent ticket cancellations.

Ticketmaster has established itself as a go-to platform for purchasing tickets to various live events, from sports matches to concerts. The convenience and accessibility it offers have made it a favorite among event-goers. Recently, Ticketmaster made it easier for users by introducing a feature that allows adding tickets to Apple Wallet seamlessly, enhancing the overall ticketing experience for Apple users.

However, Ticketmaster faced a setback as it had to cancel 6187 tickets for the Lowlands Festival due to their purchase by bots. This move aimed to ensure fairness and legitimacy in ticket distribution, highlighting Ticketmaster's commitment to combatting scalping and ensuring that genuine fans have access to tickets.

The antitrust scrutiny on Ticketmaster intensified following its merger with Live Nation in 2010. The conditions imposed during the merger to prevent monopolistic practices are now under investigation. The US Justice Department's probe delves into the ties between Ticketmaster and Live Nation, raising concerns about potential anti-competitive behaviors in the ticketing industry.

The latest development in the antitrust investigation involves the US Justice Department's issuance of new information requests to Live Nation Entertainment's ticketing arm, Ticketmaster. This step signifies a deepening inquiry into the practices of these industry giants and underscores the significance of fair competition and consumer protection in the ticketing sector.

Interesting Facts: Ticketmaster, known for its dominant position in ticket sales, has faced criticism for high fees and limited transparency in pricing. Live Nation, the concert promoter that merged with Ticketmaster, holds a significant influence over the live entertainment landscape, raising questions about the impact of their collaboration on industry dynamics and consumer choice.