Why Ticketmaster and Live Nation Need to Be Broken Up

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main criticisms of Ticketmaster Live Nation's market behavior?
They have reduced ticket prices significantly.
They provide free tickets to senators.
They have used their market power to eliminate competition.
They have improved customer service.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical case is mentioned as a precedent for breaking up monopolies?
The Microsoft antitrust case
The AT&T divestiture
The breakup of Standard Oil
The dissolution of Enron
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of breaking up Ticketmaster and Live Nation?
Reduced competition
Growth in competition and better consumer outcomes
Increased ticket prices
Monopoly control over more venues
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge is associated with breaking up a company like Ticketmaster?
Reducing the number of concerts
Increasing the number of employees
Filling the void left by the breakup
Finding new leadership for the company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current political climate regarding antitrust actions against Ticketmaster?
There is bipartisan support for antitrust actions.
There is little interest in pursuing antitrust actions.
Only one political party supports antitrust actions.
Antitrust actions are considered unnecessary.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has Congress done to support antitrust actions?
Increased the budget for the Antitrust division and FTC
Decreased the budget for the Antitrust division
Merged the Antitrust division with another agency
Eliminated the Antitrust division
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant outcome of Ticketmaster's actions according to Senator Blumenthal?
It has divided political parties.
It has united Republicans and Democrats on a single issue.
It has improved concert experiences.
It has reduced ticket prices.
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