Calls for ACCC investigation into live music industry amid warnings artists may be getting ‘ripped off’

Multinational claims upcoming ABC report into it will likely be inaccurate and unbalanced' as experts say without intervention smaller venues will struggle to survive

• Follow our Australia news live blog for latest updates
• Get our breaking news email, free app or daily news podcast

Calls are mounting for the Australian Competition and Consumer Commission (ACCC) to investigate business practices in the live music industry, as the ABC prepares to air a Four Corners report scrutinising the Australian arm of the live entertainment behemoth Live Nation.

The public broadcaster began promoting the Monday night program late last week, alleging monopolistic behaviour and maximising profits at the expense of both consumers and artists".

Sign up for Guardian Australia's breaking news email