Review follows UK competition watchdog’s announcement of ‘urgent review’ into Oasis concert tickets fiasco
Ticketmaster has been told it may have breached laws in the UK and Europe for inflating the price of some Oasis tickets from £135 to £350.Ticketmaster has been told it may have breached laws in the UK and Europe for inflating the price of some Oasis tickets from £135 to £350.in the UK and Europe for inflating the price of some Oasis tickets from £135 to £350, leaving many fans devastated.
A spokesperson for the regulator said: “Consumer protection law requires businesses to be fair and transparent in their dealings with consumers, and businesses must give clear and accurate information about the price people have to pay. Failure to do so may breach the law.” She said: “The only winners in this situation are big ticketing platforms, at the expense of fans who find themselves priced out of gigs. Companies know far more about their customers than vice versa.
The review is expected to highlight the problems of dynamic pricing before MEPs consider solutions, including a potential ban and other less extreme options.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Noémie Fox reframes family dynamic and writes her own story with Olympic goldAfter years in the shadow of dual gold-medal winning sister Jess, the younger Fox now has her own piece of history as the first winner of a new discipline
Read more »
Our two corporate cops move from dynamic duo to enemiesThe corporate watchdog claims ASX misled the market about troubles it was having on its new trading platform project.
Read more »
Our two corporate cops move from dynamic duo to enemiesThe corporate watchdog claims ASX misled the market about troubles it was having on its new trading platform project.
Read more »
Our two corporate cops move from dynamic duo to enemiesThe corporate watchdog claims ASX misled the market about troubles it was having on its new trading platform project.
Read more »
Bands urged to oppose dynamic pricing of concert tickets after Oasis ‘fiasco’Fans who queued online for tickets to see Gallagher brothers’ shows found price had almost trebled
Read more »
Failure to warn Oasis fans of dynamic pricing may be consumer law breach, say expertsWould-be concertgoers said they had only minutes to decide whether to pay £355 for tickets on Ticketmaster
Read more »