Rafael Henrique/SOPA Images/LightRocket via Getty ImagesA California legislator is trying to strike back at Live Nation Entertainment's grip on the live events space.
It was actually the ticket-buying experience for a minor-league hockey game that could lead to a large legislative setback for Live Nation Entertainment.
The extent of Live Nation Entertainment's graspIn June, the American Economic Liberties Project released a report detailing the extent of the stranglehold Live Nation Entertainment has on the live events industry.
Brown explained to Insider that Live Nation Entertainment has been able to become so powerful in the industry as it's vertically integrated very effectively.
Live Nation Entertainment is under federal pressureThe federal government is also cracking down on Ticketmaster's reign in the entertainment industry.
Persons:
Rafael Henrique, California Sen, Scott Wilk, Sen, wasn't Taylor, Wilk, Pat Garafolo, Krista Brown, Brown, Joe Biden, Samuel Corum, Amy Klobuchar, Richard Blumenthal, Klobuchar, It's, Blumenthal
Organizations:
Getty, California State Senate, Service, Nation Entertainment, Ticketmaster, California Senate, American Economic Liberties, Entertainment, Department of Justice, DOJ, Federal Trade Commission, Live, New York Times, Live Nation Entertainment
Locations:
California, Wall, Silicon, United States, AFP, Minnesota