Just over an hour. Thanks senator lee, let me welcome the six witnesses whom i will introduce. Prior the joining live nation, partner with Mckenzie Company leaving west coast practice. The Company Originally launched as aggregator of resale ticket listings but operates as primary ticket outlet and secondary marketplace for sports teams and live event venues. Prior to founding this is a return trip for mr. Mickelson. He testified before the antitrust committee in february in 2009 of the hearing of the then pending merger of ticketmaster and live nation. At the time he warned of any competitive effects of the merger could have stating, quote, its my belief this merger is vertical integration on steroids, close quote. I look forward to hearing an update. Senior Vice President of the James Madison institute, jmi, tallahassee think tank focusing on free Market Economics in florida. His writings have been published. Catherine british serves as the american antitrust institutes Vice President
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The legal action, revealed on Thursday, alleges that the companies have created an illegal monopoly in the live music industry, leading to higher costs and fewer choices for concertgoers.