Parliamentary parties SP, GroenLinks, and PvdD and multiple economists want the Dutch Authority for Consumers and Markets (ACM) to investigate Ticketmaster ...
“By closing the second-hand market to competitors, Ticketmaster is free to ask what they want. That is manageable, and with Ticketmaster, you have a guarantee that you will enter.” “It seems that Ticketmaster is abusing a monopoly position in the ticket sales market by excluding competitors like Ticketswap and charging extortionate prices,” Timo Klein, an expert in competition economics affiliated with Utrecht University, said to the newspaper. Ticketmaster allows resellers to sell Lowlands tickets for a markup of no more than 20 percent. The matter is even more sensitive because both Ticketmaster and Lowlands’ organizer, MOJO, fall under the same American company - Live Nation. Lowlands will only allow the resale of tickets through Ticketmaster - excluding competitors like Ticketswap.
Lowlands opted to provide exclusive ticket sales through Ticketmaster, thus imposing service costs of over forty euros per ticket. Consumers were also limited ...
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