![Ticketmaster sucks. Can blockchain be the remedy? Ticketmaster sucks. Can blockchain be the remedy?](https://forexcryptozone.com/wp-content/uploads/2023/03/NSussman_Techcrunch_Exchange-multicolor-768x576.jpg)
O
Welcome to forexcryptozone Trade, a weekly publication about startups and markets. It’s impressed by the forexcryptozone+ each day column from which it takes its title. Need it in your inbox each Saturday? Register right here.
When the treatment is frontman Robert Smith stated he was “sickened” by Ticketmaster’s charges, many people felt vindicated. The platform then refunded some charges, however resellers are additionally leaping in and promoting whole Ticketmaster accounts as a substitute of tickets. Is there nonetheless hope for viewers? — Anne
enjoying monopoly
In case you’re eager for an alternative choice to Ticketmaster, you are not alone. Whether or not you are a fan of Taylor Swift, The Remedy, or Dangerous Bunny, there is not any scarcity of causes to resent the so-called “world’s main reside leisure ticketing platform.”
Is all of the hate justified? Perhaps not. Or reasonably, the platform would possibly simply be shouldering greater than its share of the blame. “It is simple in charge Ticketmaster and say it is their fault,” former CEO Fred Rosen, who ran the corporate from 1982 to 1998, advised CBC Radio in January. “What drives costs is demand.”
Regulators in lots of nations disagree. Earlier this 12 months, the US Senate questioned Dwell Nation, which acquired Ticketmaster in 2010, over issues it was a monopoly.