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What is the Ticketmaster controversy all about?

controversy Ticketmaster
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What is the Ticketmaster controversy all about?

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Taken from one of many articles on the subject: “While Springsteen and U2 have taken action to keep scalpers from turning the expense of concertgoing into a fan’s nightmare, it took Pearl Jam to say enough’s enough and take up the long-overdue fight to bring down the cost of a concert ticket being bought via legitimate means. On June 30th, 1994 bassist Jeff Ament and guitarist Stone Gossard gave three hours of testimony before government subcommittee on Capitol Hill about the ever-escalating expense involved in purchasing tickets to entertainment events, singling out Ticketmaster and charging that the computerized ticket service prices its tickets for rock concerts far higher that the band’s young fans can afford. When Pearl Jam and the ticket conglomerate could reach no agreement on the specific issue of pricing tickets for their summer tour (the band proposed charging a face value of $18 plus a 10% service charge, which falls well below the usual service charge on concert tickets), P

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“While Springsteen and U2 have taken action to keep scalpers from turning the expense of concert going into a fan’s nightmare, it took Pearl Jam to say enough’s enough and take up the long-overdue fight to bring down the cost of a concert ticket being bought via legitimate means. On June 30th, 1994 bassist Jeff Ament and guitarist Stone Gossard gave three hours of testimony before government subcommittee on Capitol Hill about the ever-escalating expense involved in purchasing tickets to entertainment events, singling out Ticketmaster and charging that the computerized ticket service prices its tickets for rock concerts far higher that the band’s young fans can afford. When Pearl Jam and the ticket conglomerate could reach no agreement on the specific issue of pricing tickets for their summer tour (the band proposed charging a face value of $18 plus a 10% service charge, which falls well below the usual service charge on concert tickets), Pearl Jam filed an antitrust suit with the Justi

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