Competition and Markets Authority to look at how ‘dynamic pricing’ may have been used to increase prices
The competition watchdog has launched an investigation into the Oasis ticket sales fiasco.
The Competition and Markets Authority (CMA) will investigate Ticketmaster’s handling of sales for the band’s forthcoming tour, including how “dynamic pricing” may have been used to adjust the price.
Continue reading...Review follows UK competition watchdog’s announcement of ‘urgent review’ into Oasis concert tickets fiasco
Ticketmaster’s ability to raise the price of concert tickets based on demand is being scrutinised by the European Commission, the Guardian has learned, as the UK’s competition watchdog launches an “urgent review” into the Oasis concerts fiasco.
The US-owned ticketing giant 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, leaving many fans devastated.
Continue reading...Concert giant of monopolistically inflating ticket prices and hurting artists in suit now including 26 states and DC
Attorneys general from about two dozen US states are going after three times the monetary damages originally sought against Live Nation Entertainment and its ticket-selling unit, Ticketmaster. In an updated version of a lawsuit first filed in May, the states allege the concert giant monopolized markets across its industry.
The attorneys general had sought damages under state law in the initial version of the lawsuit. By adding claims under the federal anti-monopoly law, states can seek three times the monetary damages, a penalty for especially egregious conduct known as treble damages.
Continue reading...Website blames human error for the advert, now removed, for about 100 seats when practice is illegal in UK
The ticket trading website Viagogo has apologised for “mistakenly” advertising tickets to an upcoming England football match, despite the fact that the resale of football tickets is illegal in the UK.
Cris Miller, the managing director of Viagogo,has previously said the company does not resell football tickets. But Viagogo was advertising about 100 seats at Wembley for England’s 7 June friendly against Iceland, a warm-up for this summer’s Euro 2024 tournament in Germany.
Continue reading...Ed Sheeran and Little Mix fans among those targeted by firm that resold on Viagogo and StubHub
Ticket touts acting out of “greed and dishonesty” sold tickets worth £6.5m to music fans, a court has heard, as a woman known as the “Ticket Queen” pleaded guilty to fraudulent trading nearly seven years after being named in an Observer investigation.
TQ Tickets Ltd, owned by Maria Chenery-Woods of Norfolk, used fake identities to hoover up large numbers of tickets for acts such as Ed Sheeran and Little Mix, prosecutors for National Trading Standards said.
Continue reading...Ticketing giant will refund $10 to fans who bought cheapest tickets on the band’s US tour, and $5 to everyone else after frontman asks for an explanation
Ticketmaster will refund some of its fees to fans buying tickets for the Cure’s US tour, after frontman Robert Smith took them to task over their “unduly high” fees that were, in some cases, adding up to more than the price of a ticket.
On Thursday, Smith told fans that he was “as sickened as you all are” and he would contact Ticketmaster after many took to social media to complain about the ticket sales behemoth’s additional fees.
Continue reading...Lawsuit claims ‘millions of fans waited up to eight hours and were unable to purchase tickets as a result of insufficient ticket releases’
A group of Taylor Swift fans is suing Ticketmaster over what they call the “disastrous” recent debacle to secure tickets for her 2023 Eras US tour.
In November, Ticketmaster had to cancel the public on-sale date for the tour “due to extraordinarily high demands on ticketing systems and insufficient remaining ticket inventory to meet that demand”, the company said at the time.
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