Economic Issues and Policy 6th Edition by Jacqueline Murray Brux

Exercise 14

You are undoubtedly aware that most of the tickets that you purchase for rock concerts and other events go through Ticketmaster, and, of course, there is always a fee connected with this. Do you believe that Ticketmaster uses its market power to charge unnecessarily high fees for its service? Do consumers (and rock bands) have any alternative to using Ticketmaster? Are you aware of any bands that have chosen to supply their tickets without using Ticketmaster? If so, how successful have they been? One forum for views about Ticketmaster is on Wikipedia, the free encyclopedia, at http://en.wikipedia.org/wiki/Ticketmaster.