from Hacker News

Doctorow on Ticketmaster jacking us for billions so it can pocket millions

by Jaauthor on 6/3/24, 6:05 PM with 5 comments

  • by Jaauthor on 6/3/24, 6:05 PM

    Corruption is a system of concentrated gains and diffused costs: cheaters make a lot of money, and their victims each lose a little. The cheater has a much larger pool of money to spend on keeping the scam going, and the victims need to pay again to fight the cheater.
  • by cbsmith on 6/3/24, 7:40 PM

    I'm always amused how articles like this say "Ticketmaster" when they mean "Live Nation".