UK Government Plans to Ban Ticket Resales Above Face Value, Promising Fans a Fairer Deal
The UK government has announced plans to outlaw ticket resales above face value, with the aim of protecting fans from being "ripped off" by unscrupulous sellers. The new rules, set to come into effect soon, will make it illegal for tickets to be resold for more than their original cost, plus unavoidable fees such as service charges.
The move is expected to have a significant impact on the ticketing industry, with fans and resellers alike facing stricter regulations. According to estimates, the new rules could save fans around £112 million annually, with 900,000 more tickets bought directly from primary sellers each year.
Supporters of the plan include music managers and artists, who see it as a way to restore fairness in the resale market. Dan Smith, lead singer of Bastille, described the legislation as "a good step towards protecting music fans from being ripped off". In contrast, some industry groups have expressed opposition to the plans, warning that they could stifle competition and limit ticket availability.
The UK's Competition and Markets Authority (CMA) has also taken steps to crack down on predatory resellers. The authority secured commitments from Ticketmaster to provide fans with clearer pricing information and 24-hour notice if the company plans to use tiered pricing.
As the debate over ticket resale continues, one thing is clear: fans will no longer be at the mercy of unscrupulous sellers. With the new rules set to come into effect, fans can expect a fairer deal when it comes to buying and selling tickets to live events.
The UK government has announced plans to outlaw ticket resales above face value, with the aim of protecting fans from being "ripped off" by unscrupulous sellers. The new rules, set to come into effect soon, will make it illegal for tickets to be resold for more than their original cost, plus unavoidable fees such as service charges.
The move is expected to have a significant impact on the ticketing industry, with fans and resellers alike facing stricter regulations. According to estimates, the new rules could save fans around £112 million annually, with 900,000 more tickets bought directly from primary sellers each year.
Supporters of the plan include music managers and artists, who see it as a way to restore fairness in the resale market. Dan Smith, lead singer of Bastille, described the legislation as "a good step towards protecting music fans from being ripped off". In contrast, some industry groups have expressed opposition to the plans, warning that they could stifle competition and limit ticket availability.
The UK's Competition and Markets Authority (CMA) has also taken steps to crack down on predatory resellers. The authority secured commitments from Ticketmaster to provide fans with clearer pricing information and 24-hour notice if the company plans to use tiered pricing.
As the debate over ticket resale continues, one thing is clear: fans will no longer be at the mercy of unscrupulous sellers. With the new rules set to come into effect, fans can expect a fairer deal when it comes to buying and selling tickets to live events.