The UK government is launching a consultation to establish a resale price cap and address the issue of dynamic pricing in the ticketing industry. The aim is to protect consumers from exploitative practices and ensure fairer access to live events.
Ticket touts - and the dodgy platforms that help them fleece fans - are finally facing a major government clampdown.
In March last year he said: “Labour will cap resale prices and ban ticket hoarding. Culture should be for fans, not excessive profits.” The government’s initial consultations with industry leaders has led them to seek views on an uplift of up to 30 per cent - which the Record believes would still allow room for touts to make a profit.
The main force for change in ticketing has been consumer group FanFair Alliance, which has continually exposed exploitation and brought bad practices into the open. The UK’s Culture Secretary Lisa Nandy said: “The chance to see your favourite musicians or sports team live is something all of us enjoy and everyone deserves a fair shot at getting tickets - but for too long fans have had to endure the misery of touts hoovering up tickets for resale at vastly inflated prices.
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Politics Ticket Touts Resale Price Cap Dynamic Pricing Consumer Protection Government Crackdown
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