Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Why Your Tickets Cost So Much
Posted
May 31, 2018
Views
3,745
Likes
132
Comments
27
Engagement
4.25%
May 31, 2018
3,745
132
27
4.25%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
8:41Now PlayingIn this Majority Report clip, David Dayen on ticket monopolies.
We need your help to keep providing free videos! Support the Majority Report's video content by going to
Check out David Dayen's article at
"When I write about monopoly power, one popular complaint is that the issue feels too remote and abstract. Antitrust law is bound up in confusing terminology and complex measurements like the Herfindahl-Hirschman Index. But I reject the notion that people have no personal experience of how monopolies affect their daily lives. Have you ever bought a concert ticket?
If so, then you know the feeling. You waited weeks for tickets to become available, only for them to sell out in minutes—and then appear shortly thereafter on reseller websites, at a huge markup. Or you managed to get the tickets into your shopping cart, only to discover while checking out that there’s a hefty “processing fee.”
These are functions of monopoly. As a Government Accountability Office (GAO) report released on Monday shows, one company dominates the primary market for ticket sales and another dominates the secondary market. The failure to stop them from getting bigger and more dominant will only compound the problem."*
Watch the Majority Report live MF at 12 p.m. EST at youtube.com/samseder or listen via daily podcast at
Download our FREE app
SUPPORT the show by becoming a member
LIKE us on Facebook
FOLLOW us on Twitter
SUBSCRIBE to us on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
