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Fortune
Fortune
Gabriel Smith

Ticketmaster and Live Nation were not supposed to create a monopoly. Here’s why music fans, lawmakers, and Taylor Swift are fed up with the ticketing platforms

(Credit: Medios y Media - Getty Images)

Senators are looking into Ticketmaster’s dominance in the ticketing market following several high-profile fiascos. As a pricing professional, I support free markets, and (of course) dynamic pricing, but only within reason, ethical standards, and the law.

However, the current market conditions are clearly detrimental to the consumer, as evident by predatory pricing practices, the breakdown of the market and platforms, and ensuing chaos. I am sure Taylor Swift would agree.

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