It is pointed out that there is suspicion of antitrust violation in the world's largest live promoter "Live Nation"



America's leading rape promoter "Live Nation"And major ticket sales company"Ticketmaster"Was approved in 2010 by the US Department of Justice and merged,"Live Nation Entertainment"Was launched. At that time Live Nation was already the world's largest live promoter, and Ticketmaster was also known as the top ticket sales company in the industry. Therefore, from the experts, there was a voice of doubt that "It would be an exclusive market due to the merger of two huge companies", but the sense of crisis seems to have become a reality .

Live Nation Rules Music Ticketing, Some Say With Threats - The New York Times
https://www.nytimes.com/2018/04/01/arts/music/live-nation-ticketmaster.html

Regarding the merger of both companies, critics and competitors pointed out that mergers of top sectors will form an exclusive market and will not be able to maintain a sound competitive relationship. Therefore, the US Department of Justice establishes conditions aimed at maintaining competitive relations and has authorized it, "Since this condition can promote competition in the ticketing business, it is the monopolistic of Live Nation We can prevent activities. "

Furthermore, the Department of JusticeAntitrustDirector, Mr. Christine A. Barney said that "There is still enough soil in this industry to create a powerful rival company" regarding the condition for merger, and the ticket price reduction It suggested that we could expect it.

BySerhio Magpie

One of the conditions of the merger is a license of software that Ticketmaster uses in ticketing business as a rival companyAEGIt was to transfer to. In order to accept this condition, Ticketmaster will sell Paciolan, a subsidiary that owns the ticketing software license.

However, AEG did not acquire Ticketmaster's license. Because AEG recognized that "a good ticket issuing system does not sign a large number of contracts." Paciolan's ticketing business software does not have enough functions to help AEG's business, and the department that can benefit from the company itself was absorbed by Ticketmaster, or that it was in business end . In other words, it seems that AEG judged that the cost to pay more than the license fee obtained by ownership of Paciolan was greater, and made it a subsidiary company.

For this reason, as of the year 2018, when eight years have passed since the merger, the ticketing business has continued to strengthen the tight-lending operation of Live Nation, affecting every part of the industry. In addition, Tikcketmaster is responsible for selling 80 tickets out of the top 100 arenas that have the ability to attract customers in the US, and no other companies have given room to enter. For this reason, the current situation is that ticket prices in the United States are at record high levels.

According to officials of the Department of Justice, Live Nation said that there was a report saying that it is putting pressure on ticketmaster to participants in the venue to hold a concert tour. In the accused contents, "If you did not sign a contract with Ticketmaster, Live Nation was threatened not to do an event at this venue, and the box office was actually reduced," and on Live NationAntitrust lawThere is suspicion of a violation.

ByJohn Taylor

From the operators of the Gwinnet Center, one of popular arenas in Atlanta, in 2013Matchbox TwentySimilar complaints have been reported on the live tour of. At that time the Gwinnet Center had just switched the ticketing service from Ticketmaster to AEG of the competing company. Then, Live Nation took off the Gwinnet Center from the venue of the tour and he used to use a venue contracted with another Ticketmaster.

About this behavior, Live Nation explains, "It is due to natural fluctuations such as market trends." However, Dan Markham of Gwinnet Center said, "The person in charge of Live Nation had warned us to change the event venue, so we had anticipated that the event would be gone." I will.

According to AEG, it says that this is only an example, suggesting that there are many cases. However, the Live Nation side has denied from a straight side, "We never threaten or retaliate, AEG just intentionally misunderstops and is trying to pull us."

in Note, Posted by darkhorse_log