NPR and others have reported the overcharge being at $1.72. This seems like a small percentage of the ticket price. Is this calculated via something like the Lerner Index? What data was used to get this number? Since it seems small, does that indicate the firm actually doesn’t have much in the way of pricing power?

    LiveNation is accused of using monopoly pricing to overcharge customers by $1.72. How is that calculated?
    byu/Eldritchpenguin inAskEconomics



    Posted by Eldritchpenguin

    Leave A Reply