Submitted by Andosphere t3_ywik4m in videos
imafraidofmuricans t1_iwm58yd wrote
Reply to comment by variedpageants in If Ticketmaster was a bartender by Andosphere
Because: you can't just start a company without capital. Then you have to try and buy your way in, and Ticketmaster has huge capital to waste on making sure you don't.
Like, what are you going to do? Show up outside a venue and ask kindly if they'll let you sell the tickets on your entirely unknown website?
The thing free market enthusiasts like to ignore is that all free markets tend towards monopolies. Because more money means more power. More power means more money. It will A L W A Y S end in monopolies.
The very function is that companies will fail, and the ones making the most money don't fail and will always be the only one left.
It's amazing really how so many don't understand such a basic concept.
variedpageants t1_iwneybp wrote
> you can't just start a company without capital.
...but that would be a problem for Ticketmaster too??
How did Ticketmaster get started??
My question isn't about starting a company. It's why nobody else has started one.
> you have to try and buy your way in, and Ticketmaster has huge capital to waste on making sure you don't.
This is what I'm wondering about. How exactly will they "make sure"
Viewing a single comment thread. View all comments