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In a recent Senate Judiciary Committee hearing, Clyde Lawrence from the band Lawrence highlighted the monopolistic practices of Live Nation and Ticketmaster. He explained that these companies operate as promoters, venue owners, and ticketing services simultaneously. This conflict arises when artists perform at venues owned by Live Nation, as they must use Live Nation as the promoter. The promoter is responsible for coordinating and covering upfront costs for concerts, including venue rental and staffing. Since both the artists and Live Nation share in the show's profits, Lawrence argues that they should be aligned in their incentives to keep costs low, yet this structure complicates their partnership.