Are market giants endangering Australia's live music scene? Industry veterans and local artists are worried.

The article discusses concerns raised by industry veterans and local artists about the impact of market giants like Live Nation Entertainment on Australia's live music scene. The unprecedented market power of Live Nation, coupled with the introduction of dynamic pricing, has raised worries about the concentration of market power in the hands of a few corporate entities. The article highlights the acquisitions and influence of Live Nation in Australia, as well as the potential negative effects on consumers, artists, and the overall music industry. Additionally, it explores potential regulatory measures and calls for greater transparency and fairness in the live music sector to protect Australian artists and culture. [Extracted from the article]