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By: Gideon Gottfried Torsten Karpf Ed Sheeranplaying to his biggest crowd so far: 100,000 people at Germany’s Hockenheimring. Promoter FKP Scorpio is part of the CTS Eventim family. Our competitors are U.S. companies,” said Klaus-Peter Schulenberg, CEO of CTS Eventim, in an interview with German business magazine Capital in 2018. He was criticizing a decision by Germany’s competition watchdog regarding a merger of his company with one of the country’s leading concert promoters, Four Artists. He was explaining how the German authorities were misguided in only considering the German market in their decision, seeing that the touring business was international, and U.S. companies also operating in the country were able to achieve completely different economies of scale. A company that was operating across all of Europe, like CTS Eventim, but was considered on a national level, was clearly at a disadvantage, he said.

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