Price War I Is Raging In Europe

Life may imitate art, but sometimes art imitates economics. With four opera companies vying for customers in Paris these days, managers of the small Theatre des Champs-Elysees have found a simple way to compete with bigger rivals: They're cutting ticket prices across the board. Music lovers will soon be able to save as much as 10% off the going rate of about $95 a ticket to hear the world's top divas.

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