Influential committee of UK MPs urge competition investigation into live sector

The UK House of Commons Business and Trade Committee have published a report saying they are “alarmed by a ‘climate of fear'” in the country’s live music industry, and urged the Competition and Markets Authority (CMA) investigate potential monopolistic behaviour by Live Nation.

While the report primarily takes aim at Live Nation, it also raises broader concerns about vertical integration in the market, which could bring other major players into the crosshairs. It is also the latest example of…

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