LONDON, Jan 10 (Reuters) - Britain on Friday said it
wanted to clamp down on resellers who profit by snapping up
tickets for big events and selling them on at huge mark-ups to
desperate fans, announcing proposals to cap resale prices and
hold reselling websites more accountable.
The government said it wanted to make ticket resales fairer
and more transparent, responding to consumers who often find hot
tickets are sold out in minutes and reappear almost instantly at
higher prices on third party websites.
"From sports tournaments to Taylor Swift - all too often big
events have been dogged by consumers being taken advantage of by
ticket touts," business minister Jonathan Reynolds said,
launching a public consultation on the plans.
"These unfair practices look to fleece people of their
hard-earned income, which isn't fair on fans, venues and
artists."
The government said it was exploring options such as a cap
on the price of ticket resales of up to 30% above face value. It
would also look at limiting the number of tickets resellers are
allowed to list; increasing accountability of resale websites
and apps; and tougher penalties for those who break the rules.
The consultation runs until April.
When tickets for music band Oasis's reunion went on sale in
August, fans were left frustrated as the three websites selling
tickets - Ticketmaster, See Tickets and Gigsandtours - reported
technical issues.
The Competition and Markets Authority said in early
September it was looking into the concerns regarding the sale of
Oasis tickets by Ticketmaster, including so-called "dynamic
pricing," the practice of pushing up prices that are in high
demand.
Separate to the consultation on reselling, the government
said on Friday it was asking for evidence into pricing
practices, including dynamic pricing, and would consider if
further action was needed.