
Ep 85: Power and Greed: Monopolies, Mergers and Cartels on the American Stage
In this episode of In Conversation with IPR & Competition Law, host Aditya Trivedi sits down with Prof. Spencer Weber Waller, John Paul Stevens Chair in Competition Law at Loyola University Chicago School of Law, to explore the intersection of market power, enforcement, and commercial theatre in America.
Drawing from his book, Power and Greed: Monopolies, Mergers, and Cartels on the American Stage, Prof. Waller discusses how the Gilded Age theatrical Syndicate, the Shuberts, and early vaudeville combines established deep-seated monopolies that took antitrust authorities nearly sixty years to address. The conversation examines newly uncovered archival evidence revealing corporate coercion, blacklisting, and early efforts at global expansion. Grounding these historical lessons in contemporary market realities, Prof. Waller assesses modern bottlenecks in live entertainment, recent regulatory actions involving Live Nation, and whether competition law can effectively restrain entrenched market power.
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