[Republican in occupied CA]

Brilliant.

This might not matter to an old fuddy-duddy who last paid $25 to see the Stones back in the 1970’s, but it’s *HUGE* to people from teens to early 30’s who go to (or would like to go to) multiple concerts a year.

Ultimately merely symbolic, but probably of more meaning to a demographic the current administration is courting and counting on than capital gains cuts or Chinese infrastructure hacking.

Monopolies are bad, breaking them up is good, at least to all but a very few people.

I don’t think it will do all that much, since the REAL reason for high costs is that the artists and venues are merely charging what people would have otherwise paid scalpers.

I mean folks like Beyonce, Bruce Springsteen, or Dream Theater might as well get the $1000 directly, instead of getting $150 for a ticket that a scalper resells for $1000.

[T.B. Yoits]

I don’t think it will do all that much, since the REAL reason for high costs is that the artists and venues are merely charging what people would have otherwise paid scalpers.

Except scalpers have to compete with each other and as much as one might raise prices, others would undercut them. Ticketmaster has no competition and could fix the prices.

Also, scalpers couldn't charge too much for tickets if an artist was playing additional shows nearby. Livenation controlled who venues could book. Venues and artists were forced into the Livenation/Ticketmaster monopoly that wasn't going to compete with itself.

[Charles Martel]

Ultimately merely symbolic, but probably of more meaning to a demographic the current administration is courting and counting on than capital gains cuts or Chinese infrastructure hacking.

Having failed to control the price of bread, fedgov now turns its attention to the ticket prices of the circuses.