UK watchdog backs plan for cap on price of resale tickets in blow to touts
CMA stance moves Britain step closer to outright ban on ticket touts ripping off fansThe UK appears to be a step closer to an outright ban on ticket touts ripping off fans, after the competition watchdog threw its weight behind government plans to cap ticket resale prices.In a blow to websites such as Viagogo and StubHub, which make hundreds of millions a year lawfully by selling access to popular gigs and shows, the Competition and Markets Authority (CMA) said for the first time that it would back a ceiling on “secondary” ticket prices. Continue reading...
CMA stance moves Britain step closer to outright ban on ticket touts ripping off fans
The UK appears to be a step closer to an outright ban on ticket touts ripping off fans, after the competition watchdog threw its weight behind government plans to cap ticket resale prices.
In a blow to websites such as Viagogo and StubHub, which make hundreds of millions a year lawfully by selling access to popular gigs and shows, the Competition and Markets Authority (CMA) said for the first time that it would back a ceiling on “secondary” ticket prices. Continue reading...
