One MLA said that the price of Oasis tickets was 'less about 'Standing on the Shoulder of Giants' and more about standing on the necks of your working-class fans'
The Assembly have voted in favour of a motion calling on the Competition and Markets Authority to make recommendations on how ticket providers and promoters could be prohibited from engaging in ‘dynamic pricing’ as part of its investigation into Ticketmaster.
"I have to admit that I was misinformed about one element of this until I spoke to promoters. I thought that dynamic pricing was done at the demand of the ticket-selling platform. Whilst those platforms benefit greatly, especially as their booking fees normally rise pro rata — the more expensive the ticket, the more they receive — that practice is solely down to the artists and their management, with ticket sales making up approximately 95 per cent of the artist's fees in some cases.
"We attempted to amend the motion to say that. It is a serious issue, and we cannot simply pass motions asking for other bodies to do things without fronting up and dealing with it, where our Ministers and Departments have responsibilities. It is true to say that, given, that none of the Oasis concerts will be in Northern Ireland, there is a limited amount that the Minister in question could have done.
" talked about flights, hotel bookings and Uber, for example. However, few industries can ramp up prices so quickly within such a short window and pressurise people into parting with more money than intended or planned, as a clock ticks in front of them until they lose their chance to buy.
Alliance Party SDLP Antrim Stormont Politics Sinn Fein DUP Department For The Economy
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