Antitrust hearing set for tomorrow in ticketing saga
The potential merger of Live Nation and Ticketmaster will face off against the Department of Justice tomorrow as the Subcommittee on Antitrust, Competition Policy and Consumer Rights will decide whether the two concert industry superpowers can join forces or if whether the merger violates monopoly laws. The hearing will be titled “The Ticketmaster/Live Nation Merger: What Does it Mean for Consumers and the Future of the Concert Business?” Confirmed witness include Ticketmaster CEO Irving Azoff, Live Nation president Michael Rapino, JAM Productions chairman Jerry Mickelson and the Center of American Progress’ David A. Balto, Pollstar reports. Live Nation and Ticketmaster… Read more »
