expand its empire into the next every time they blame everybody else for the significant issues in andincreasingly high fees, remer that many times they are the venue, the promoter and the manager of that artist. by controlling the ticketing promotion the management company they are choking off competition that would offer an alternative to the broken system we see today. this is more acutely cnn taylor swift and played out across the industry every day generating fan outreach and despair. thank you for your time and i look forward to answering your questions. >> thank you very much, mr. mickelson. >> madame chairwoman, members, i would like to thank you for the opportunity to appear for you this morning. i serve on the policy team at the james madison institute in tallahassee, florida. we are a nonprofit economic policy think tank that focuses on the policy issues impacting florida's 22 million residents. fresh out of college and starting a career in policy, i dropped off one day testifying before the united states senate and an issue of profound importance. it may be international monetary polic