If you’ve ever tried to buy tickets to a major concert or sporting event, you know the scam. You spend hours in a “virtual queue,” only to watch tickets vanish in seconds. Scalpers and bots scoop up thousands, then flip them for double or triple the price. Fans refresh their browsers over and over, while Ticketmaster and its parent company, Live Nation, pocket the profits.
It’s a racket, and for decades the people who keep live entertainment alive — ordinary fans — have paid the price.
Fans don’t want excuses. They want a system that works for them, not one designed to funnel cash into a corporate machine while leaving families priced out.
That’s why President Trump plans to unveil a ticket reform package this month. His proposal promises to take on the corporate monopoly that dominates the industry and restore fairness to fans.
The problem is straightforward: Live Nation and Ticketmaster control roughly 70% of the ticketing and live events business — and about 80% of the primary ticketing market. According to the Justice Department, that dominance has allowed the conglomerate to dictate what fans can buy, what they must pay, and who gets access at all.
As Trump FTC Commissioner Mark Meador explained last year, “Live Nation Ticketmaster created a dominant conglomerate with an unprecedented amount of control over the live ticketing market, resulting in monopoly power it has used to entrench its position in the marketplace.”
Fans lose twice under this scheme. They pay outrageous fees when Ticketmaster sells the tickets the first time. Then they pay again when scalpers resell them — because Ticketmaster takes another cut.
Trump’s plan should target the obvious abuses by cracking down on bots that grab tickets before real people even have a chance, establishing distribution systems that treat fans fairly, and encouraging competition in a market currently controlled by one corporate behemoth.
Those reforms would finally level the playing field. But Live Nation-Ticketmaster has other ideas. The company now wants government-imposed price caps on resale tickets — a move that sounds like “reform” but would entrench its monopoly even further.
Former Trump Justice Department official Brian Pandya warned that such price controls would bankrupt Ticketmaster’s smaller rivals, eliminating competition altogether. Meanwhile, the $38 billion conglomerate could take the hit, since it also profits from artist management, promotion, and the 400-plus venues it controls nationwide. Price caps would squeeze everyone else out while leaving the monopoly stronger than ever.
The better path is obvious: Open up the marketplace. Strengthen enforcement against ticket bots. Redirect regulations to protect fans, not corporations. And if necessary, break up the Live Nation-Ticketmaster monopoly entirely.
Fans don’t want excuses. They want a system that works for them, not one designed to funnel cash into a corporate machine while leaving families priced out of concerts, plays, and ball games.
Trump’s plan could finally deliver that. For once, fans might win — and the monopoly might lose.
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