US Economic Experts Panel

The market power of ticket-selling intermediaries leads to consumers who ultimately attend the music events paying substantially more and producers receiving substantially less than they would if the intermediary sector were more competitive.

The present system of initial ticket selling and reselling through secondary ticket intermediaries often leads to large transfers between different groups of ticket buyers that could be partially captured by artists through higher initial ticket prices.

Artists set prices at less than market-clearing levels in an effort to provide access for fans with modest incomes.

Network externalities give Twitter an incumbent advantage that will slow substantially the migration of users who would prefer alternative platforms.

As of now, there needs to be more government regulation around Twitter’s content moderation and personal data protection.