The Justice Department alleges that Live Nation suffocates competition in ticket promotion and venues, which drives up Ticketmaster prices.—ft.com, May 23, 2024 A $100 ticket is split between the artist $90 and the promotor $10. The $25 ticket is split between Ticketmaster $5 and the Venue $20
Tag: Monopoly
Pure Price-Gouging
Danaher Corp. holds a virtual monopoly on single-use test cartridges for TB infection. An independent analysis says the cost of a cartridge ranges from $3 to $4.50, but Danaher charges a price between $10 and $15, a markup of up to 400 percent. It's pure price gouging.—cbc.ca