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“Explosive” Ticketmaster Report alleging monopoly abuses unearthed, passed to DOJ, Senate subcommittee
Longtime Ticketmaster/Live Nation critic Rep. Bill Pascrell (D-NJ) has shared an "explosive" previously suppressed study of the entertainment giant's
As part of its lawsuit, it submitted an expert report prepared by Dr. Richard Barnet analyzing what Live Nation characterizes as “confidential information” regarding its contract structures and business practices. Live Nation/Ticketmaster negotiated third-party expenses, like rental costs with venues, directly with vendors in exchange for exclusive financial gains not disclosed to the artists or their agents, managers, or independent co-promoters in the form of “rebates.” Rep. Pascrell, who is fighting for the passage of the BOSS and SWIFT Act to reform the live event ticketing industry with improvements on both the primary and secondary marketplace sides of the business, closed his letter with his hope that the subcommittee would be able to review and use the report as part of its investigation.
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