Comment by peteforde

If monopoly laws were applied to Live Nation, who would pay the lobbyists? And if the lobbyists weren't paid, who would pay the politicians?

Your argument works on paper, but the ground truth is that the base price of tickets is 5x what it was when I was in high school. If you're a big enough artist to fill venues, trust that you've done just fine under this arrangement.

Recorded music is literally just a loss leader to sell tickets now.

And when you sell tickets, you can sell merch. Did you know that venues usually take a (large) cut of merch sales? The same venues that are owned by the same company that owns Ticketmaster, the venue, the promoter and the radio stations?

What monopoly? No monopoly here!