Submitted by havereddit t3_125c4d2 in explainlikeimfive
quackduck45 t1_je4298q wrote
Reply to comment by Jassida in ELI5: Everyone knows that Ticketmaster is the biggest scumbucket enterprise on the planet yet no band seems able to avoid their grasp. What's to stop a really major act (e.g. Taylor Swift) from performing in venues that are not controlled by Ticketmaster, or just setting up a parallel company? by havereddit
capitalism
breathing_normally t1_je42wq6 wrote
Unchecked capitalism. Ticketmaster operates in my country too, but is tamed by regulation. Capitalism has some great benefits but anti-trust regulation must be really robust for it not to morph in to a kind of feudalism
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