New Jersey Assembly Resolution 119 urges Congress to address the consolidation of the ticket industry, particularly the practices of Live Nation and.
Assembly Resolution 119 urges Congress to respond to the consolidation of the ticket industry, specifically the merger of Live Nation and Ticketmaster. The resolution highlights the companies' dominant market share, estimated at 70 percent, and the resulting harm to consumers, performers, and independent venue owners. It cites excessive fees, surge pricing, and lack of transparency as practices that have negatively impacted consumers.
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