Amy Klobuchar Demands Live Nation Address Tickmaster Antitrust Concerns in Letter to CEO

Live Nation Entertainment, the parent company of concert and ticketing giants Live Nation and Ticketmaster, has been attracting more heat from politicians in recent weeks. On Thursday, Sen. Amy Klobuchar (D-Minn.) sent a letter addressed to the company’s CEO Michael Rapino on Thursday morning, expressing her concern over what she called a lack of competition in the live music industry. 

“Ticketmaster and Live Nation dominate the live entertainment supply chain with powerful positions in primary ticketing, secondary ticketing, concert promotion, artist management, tour sponsorships, and event venue operation,” Sen. Klobuchar, who chairs the Senate Judiciary Subcommittee on Competition Policy, Antitrust, and Consumer Rights, wrote. “Ticketmaster’s power in the primary ticket market insulates it from the competitive pressures that typically push companies to innovate and improve their services. That can result in dramatic service failures, where consumers are the ones that pay the price.”