UK Probes Ticketmaster's Dynamic Pricing Model
UK Probes Ticketmaster's Dynamic Pricing Model
UK Probes Ticketmaster's Dynamic Pricing Model
News summary

Oasis fans faced significant frustration as ticket prices for the band's reunion tour surged due to Ticketmaster's dynamic pricing model, leading to a public outcry and government intervention. Fans reported seeing ticket prices increase from £148 to over £350 in a matter of hours, a practice intended to reflect market demand but criticized for excluding ordinary fans. The UK's Advertising Standards Authority received 450 complaints about misleading ticket availability and pricing, prompting an investigation. Prime Minister Keir Starmer and Culture Secretary Lisa Nandy have pledged to address dynamic pricing and resale market issues in a forthcoming review. Ticketmaster defended its practices, stating that pricing decisions are made by event organizers, but the backlash has led to calls for legal adjustments to protect consumers from such practices in the future.

Story Coverage
Bias Distribution
45% Left
Information Sources
71639883-fbbd-48af-8cc3-393f63e7b2efb5604fbc-eed1-463f-8ea7-72fed5b9d8598898edb7-31c0-4c9c-856f-372e91a6cb1cbd68667e-abfe-4783-a143-3b1ae84b8232
+7
Left 45%
C
Right 36%
Coverage Details
Total News Sources
11
Left
5
Center
2
Right
4
Unrated
0
Last Updated
14 days ago
Bias Distribution
45% Left
Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News