Boldly Going Where No Lawsuit Has Gone Before
The U.S. Department of Justice has set phasers to stun in a new lawsuit aimed at breaking up Live Nation but will they live long and prosper in the court's final judgment?
Live Long and Litigate
"The needs of the many outweigh the needs of the few or the one," as the lawsuit alleges that Live Nation's monopoly control negatively impacts fans artists and even small promoters. An illogical situation indeed!
The Monopoly Menace
"Live long and dominate" seems to be the motto of Live Nation and Ticketmaster according to the lawsuit. Their control over concert promotions ticket sales and venues is about to face scrutiny worthy of a Vulcan mind meld.
Vengeance as Venue Dominance
Live Nation's strategy of using its dominance to squelch competition acquire rivals and control concert promotions is a plot twist even Kirk couldn't have predicted.
The Wrath of Ticket Prices
"Fascinating," as Spock would say the lawsuit highlights the exorbitant ticket prices and hidden fees that have fans saying "I have been and always shall be your payment source."
Profitable Paradox
Live Nation's claim that the lawsuit won't affect ticket prices is reminiscent of a Kobayashi Maru scenario. The question remains will the court hold them accountable or let them boldly go where no monopoly has gone before?
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