US Justice Department to Seek Breakup of Live Nation-Ticketmaster

mox@lemmy.sdf.org to News@lemmy.world – 707 points –
US Justice Department to Seek Breakup of Live Nation-Ticketmaster
bloomberg.com

Paywall-free link: https://archive.ph/eGuHC

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It's literally the same breakup that happened with movie studios owning theaters in 1948. It's emblematic of the state of antitrust in the past decades that we've let another industry get away with the exact same issue thing.

https://en.wikipedia.org/wiki/United_States_v._Paramount_Pictures,_Inc.

Yup. Concert venues and streaming are in the same position movie theaters were in back then.

The streaming vertical integration really irks me. Say what you will about the music industry, but at least I only have to pay for ONE streaming platform to enjoy pretty much any song I want.