UK and Ireland Investigate Ticketmaster Pricing
UK and Ireland Investigate Ticketmaster Pricing

UK and Ireland Investigate Ticketmaster Pricing

News summary

The Republic of Ireland's Competition and Consumer Protection Commission (CCPC) has opened an investigation into Ticketmaster's handling of ticket sales for Oasis concerts in Dublin after receiving over 100 complaints. The investigation is focused on the use of 'dynamic pricing,' where ticket prices fluctuate based on demand, leading to steep price increases during the sale process. Similarly, the UK's Competition and Markets Authority (CMA) has launched a parallel investigation into whether Ticketmaster breached consumer protection laws by not providing clear information about pricing and potentially engaging in unfair commercial practices. The controversy has prompted Fianna Fail politicians in Ireland to propose a bill banning dynamic pricing. Both regulatory bodies are seeking input from consumers to understand their experiences and gather evidence. Ticketmaster has defended its practices, stating that pricing is determined by event organizers.

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a78a93d5-e809-4e65-9789-685643e45693b5604fbc-eed1-463f-8ea7-72fed5b9d8590319a078-c5a7-4188-95f2-60cb4be32cc6bd7f581c-6294-4fb3-adfe-81db52a08452
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14
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Center
4
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2
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Last Updated
74 days ago
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40% Center
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