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| Eventim takes Swiss competitor, Ticketcorner, to Task. |
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Comco is now examining whether an agreement for Ticketcorner to sell at least 50% of tickets for Zurich’s concert arena, the Hallenstadion, has breached anti-trust laws.
The deal with the stadium, which has hosted numerous high profile sport events and seen performances from Beyonce, AC/DC and the Rolling Stones, among others, has kept Eventim at a disadvantage in the Swiss ticket market. Now, Eventim is seeking to gain leverage via the authorities. A preliminary investigation has already shown that the stadium deal could be deemed illegal under Swiss law, according to Comco. Eventim’s partner, in bringing the action, is Ringier, the largest private media company in Switzerland. In December, the two compnies formed a joint venture with the goal of market leadership in the Swiss state, trading under the name ‘EVENTIM CH AG’. The new company combines and concentrates Eventim and Ringier’s various media and ticketing activities. As the biggest Swiss media enterprise with international presence, Ringier brings multimedia capability, customer relationships, and infrastructure, such as call centres, into the joint venture. Ringier benefits by reinforcing its entertainment, electronic media & events division, which also includes Good News, the leading Swiss promoter of concerts and events. Related Articles: Eventim Tickets are now also on MySpace! A deal between CTS Eventim AG, Europe's market leader in the
primary ticketing market and MySpace, the world's largest music platform will
now have MySpace's users able to buy tickets directly from the primary ticketing
company under http://www.myspace.com/ticketshop.
CTS Eventim Sees Rising Profit Next Year
CTS Eventim, Europe's main player in the primary ticket market which also provides live entertainment, is confident of growing both its sales and profit next year despite the economic crisis, its chief executive told Boersen-Zeitung on Saturday.
CTS Eventim Moves Into Swiss Market German ticket marketer CTS Eventim and Swiss media company
Ringier have agreed to form a joint venture.
The new company will be known as Eventim CH AG and will begin business in
February 2010.
AC/DC: Good News and Ticket Corner deny guilt - Accused of Holding Back Tickets for Swiss Secondary Market Swiss primary ticket companies, Good News and Ticket Corner defended themselves this week against accusations that they supported the black market by selling AC/DC tickets for profit. Both companies have take-down orders for the Swiss Consumer Protection organization in a lawyer's warning to remove... Ticketmaster, Live Nation Merger Approval Challenged by CTS Eventim in UK CTS Eventim has formerly challenged UK approval (which was recently reversed from Nay to Yea) of a possible merger between Ticketmaster Entertainment and Live Nation, and stated its concerns were not given proper hearing by U.K.’s Competition Commission, the antitrust authorities.
Switzerland Secondary Ticket Market Legal - Ricardo.ch Takes a Stand for Tickets to Concerts Switzerland's homegrown version of eBay, called ricardo.ch, has come out in the Swiss press in support of the Secondary Ticket Market, after a huge rush on tickets for the upcoming AC/DC concert in Bern, of which a small percentage are expected to appear in the secondary market, including...
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Comments (1)
Dr. B
said:
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CTS Eventim, the
leading European ticket marketer and promoter, today brought an action against the
prime Swiss ticket agent, Ticketcorner, before the Swiss Competition Commission
(Comco) arguing that its competitor was contravening Swiss anti-trust laws. 
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It's about time Finally, someone is ready to stand up and point out to the community that Ticketcorner is abusing their privileged position. Ticketcorner is not only a nightmare to work with on the promotion side but as a Customer.. their ordering process and mafia-like tactics have prevented another player from entering the scene. I don't care for good-news but I am delighted that a firm with deep pockets is taking a stance. Perhaps now Customers will have a bit more power than a stubborn company that is not even willing to discuss improvement with their Customers. Should I have a choice, I will not order from ticketcorner... but please (if anyone is listening) GIVE US THAT CHOICE! |
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