Government to Cap Resale Ticket Prices to Combat Touts - PRESS AI WORLD
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Government to Cap Resale Ticket Prices to Combat Touts

share-iconPublished: Friday, January 10 share-iconUpdated: Friday, January 10 comment-icon2 months ago 18 views
News sources:
BBC
Government to Cap Resale Ticket Prices to Combat Touts

Credited from: BBC

  • The UK government has announced plans to limit resale ticket prices aimed at protecting consumers from ticket touts profiting unfairly.
  • The proposed cap would cover live events, including sports, music, and theater, and may be set at the original ticket price or a 30% increase.
  • Concerns over dynamic pricing practices have prompted additional inquiries, as fans have reported exorbitant ticket prices due to high demand.
  • Culture Secretary Lisa Nandy emphasized the need for consumer protections to prevent exploitation and ensure fair pricing in the ticket market.
  • Comments from various stakeholders indicate broad support for these measures, suggesting they could be game-changing in the fight against ticket touting.

For the full article, visit BBC News.

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