Ticket Market Reform Debate

This is a America news story, published by torontosun, that relates primarily to U.S. Justice Department news.

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ticket sales

torontosun

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Ticketing businesses, experts debate resale caps and dynamic pricing

Summary

Nutrition label

75% Informative

Ticketmaster and Live Nation accused of running a monopoly over live events in America .

U.S. Justice Department is using a lawsuit filed against the pair to try to break them up.

Some say the solution lies in breaking up the behemoth that dominates the ticket industry.

Others say even if you dismantle monopolies, there’s still plenty of work that could be done to address eye-popping prices.

A report from the New York attorney general’s office found on average only 46 per cent of seats go on sale during the initial public sale.

For top shows, that portion falls to 25 per cent and in the case of two concerts Justin Bieber played at Madison Square Garden in 2012 , the amount was even lower.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful