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Association of Independent Festivals worried about Live Nation purchase, possible dominance

( August 23, 2017, 09:26 GMT | Official Statement) -- MLex Summary: The Association of Independent Festivals, a not-for-profit trade association, has urged the UK's Competition and Markets Authority to widen its investigation into Live Nation-Gaiety's purchase of the Isle of Wight Festival. It argues that approving the deal would see Live Nation control a larger share of the British festivals market, and that its possible dominance should also be examined. Live Nation also is heavily involved in ticketing and venue ownership in the UK. The full text of the statement is below:...

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