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The Government Takes On Ticketmaster
The Daily
Powerful Monopolies and Gatekeepers in the Music Industry
Live Nation holds a dominant position in the music industry with control over 80% of major concert ticketing in the US, ownership of over 250 venues, and management of hundreds of artists. The Department of Justice views Live Nation as the gatekeeper for the delivery of live music in America. While being big is not inherently problematic, the concern arises when companies misuse their monopoly power to suppress competition or further their dominance. The Justice Department alleges that Live Nation has developed a sophisticated system to maintain and expand its influence in the industry.
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