Comments on: Live Nation Ticketmaster Merger Approved http://www.download-not-available.com/quick-takes/live-nation-ticketmaster-merger-approved The Revolution Will Not Be Available For Download Tue, 07 Sep 2010 23:24:13 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Jim McCarthy http://www.download-not-available.com/quick-takes/live-nation-ticketmaster-merger-approved/comment-page-1#comment-38 Jim McCarthy Tue, 26 Jan 2010 21:35:17 +0000 http://www.download-not-available.com/?p=1273#comment-38 I think you're right on the money, Kara. To your other point, there's a lot to be said for the argument that vertical integration weakens companies instead of strengthening them. After all,Ford used to mine its own iron ore. The pat assumption that this integration will make the company stronger may be true, but it does fly in the face of everything that's worked in the economy for the last generation. I think you’re right on the money, Kara. To your other point, there’s a lot to be said for the argument that vertical integration weakens companies instead of strengthening them.

After all,Ford used to mine its own iron ore.

The pat assumption that this integration will make the company stronger may be true, but it does fly in the face of everything that’s worked in the economy for the last generation.

]]> By: Kara Larson http://www.download-not-available.com/quick-takes/live-nation-ticketmaster-merger-approved/comment-page-1#comment-37 Kara Larson Tue, 26 Jan 2010 21:29:46 +0000 http://www.download-not-available.com/?p=1273#comment-37 What a neat vertical monopoly--you don't see much of that any more. Venue owners, promoters, and ticket brokers and scalpers are right to be pissed off on their own behalf. But I fail to see how this is bad for consumers, as claimed by so many. The main objections seems to be that consumers will be victimized by high prices and fees. Price elasticity being what it is, LN/TM will kill the golden goose if they overdo the pricing. The consumer would seem to be protected by his own ability to refuse to buy tickets. Or have I missed something? What a neat vertical monopoly–you don’t see much of that any more. Venue owners, promoters, and ticket brokers and scalpers are right to be pissed off on their own behalf. But I fail to see how this is bad for consumers, as claimed by so many. The main objections seems to be that consumers will be victimized by high prices and fees. Price elasticity being what it is, LN/TM will kill the golden goose if they overdo the pricing. The consumer would seem to be protected by his own ability to refuse to buy tickets. Or have I missed something?

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