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Live Nation CEO praises Trump executive order against 'exploitive ticket scalping'

The head of one of the biggest companies in entertainment is praising the administration's move to cut down on price-gouging that has proliferated in the concert industry. Live Nation Entertainment Inc. CEO Micheal Rapino thanked the administration for "taking ticket scalping head-on," saying the order will protect American consumers and artists. The company, which owns Live Nation and TicketMaster and is seen as a dominant force in the live entertainment industry, promoting, operating and managing ticket s ...