4min chapter

Congressional Dish cover image

CD267: The Monopoly Powers of Live Nation/Ticketmaster

Congressional Dish

CHAPTER

The History of Vertical Integration

LiveNation and Ticketmaster are accused of doing vertical integration. Vertical integration is when companies that perform different functions in the same industry merge, allowing the parent company to control more of the industry by owning multiple parts of the supply chain. Live Nation couldn't compete in ticketing because it was backed up by Joe Berktold, the CFO of Live Nation. And just like that, there was no more competition from Instagram.

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