There is no question that the average cost of live event tickets has risen steeply, particularly for musical performances. It has led to frequent calls by various parties for government intervention into what seems to have become a dysfunctional market. Much of the public’s ire focuses on Ticketmaster, which controls a majority of primary ticket sales for U.S. live events. For their part, Live Nation (Ticketmaster’s parent company) and many other large industry players blame the secondary market—that is, the reselling of tickets by those who initially purchased them.
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