What's the impact of Live Nation's dominance on the music industry?

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https://www.cbc.ca/arts/commotion/what-s-the-impact-of-live-nation-s-dominance-on-the-music-industry-1.7130159

Over the years, Live Nation has also been buying up independent local venues. The company currently owns several concert halls in Canada: the Commodore Ballroom in Vancouver; Midway in Edmonton; and Budweiser Stage, Danforth Music Hall, History, RBC Echo Beach, Velvet Underground, and most recently, The Opera House in Toronto.