And that made it easy for other billion dollar companies like Ticketmaster and LiveNation to do the same thing in other realms–simply buy the laws, buy the politicians, buy the system that’s supposed to regulate them, and then use that system to remove all competition.
Most notably, actual competition – a supposedly great boon of capitalism that drives up value for the customer – nowhere to be found in that formula. This is the exact same path i believe we watch every successful product or service eventually take.
Most notably, actual competition – a supposedly great boon of capitalism that drives up value for the customer – nowhere to be found in that formula. This is the exact same path i believe we watch every successful product or service eventually take.