“Its dominance in markets up and down the live entertainment supply chain creates the incentive and the ability to limit competition to protect its market position,” said the American Antitrust Institute’s Kathleen Bradish on her view of Live Nation’s control of the market.
January 24, 2023 at 05:41 PM
5 minute read
The original version of this story was published on National Law Journal
You would have thought the Senate Judiciary committee was holding a karaoke contest after a bipartisan number of its members used pop star Taylor Swift lyrics to grill entertainment giant Live Nation’s CEO at a hearing Tuesday morning.
“Karma’s a relaxing thought. Aren’t you envious that for you it’s not?” said Sen. Mike Lee, R-Utah, quoting Swift’s 2022 song “Karma” after he and his colleagues dragged Live Nation CFO Joe Berchtold for over three hours.
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Taylor Swift. Photo: GabboT via Wikimedia Commons
