MPs press competition watchdog to probe live music industry’s ‘dominant’ firms

A government committee has urged the competition watchdog to launch a probe into the UK s live music industry and the most dominant firms . The Business, Innovation, Science and Trade Committee said on 18 October it is pressing the Competition and Markets Authority (CMA) to launch a full market investigation into the live music industry in the country before the end of the year. This follows the Committee setting out its concerns over dominant firms in a report in May when it initially asked CMA to investigate the live music industry before the end of 2026. The Committee said it is particularly concerned about the market dominance of entertainment giant, Live Nation, the parent company of ticketing platform Ticketmaster. According to the group of MPs, concerns were raised with the watchdog after ticket sales for Oasis reunion tour, where tickets were being sold for thousands of pounds. Despite the evidence presented by the Committee, the CMA has yet to announce a