UK gov to ban selling show tickets above face price
5 days ago
- #government regulation
- #ticket resale
- #consumer protection
- The UK government plans to ban reselling live event tickets for profit to tackle touts and inflated prices.
- This move follows Labour's election pledge and an open letter from artists like Sam Fender, Dua Lipa, and Coldplay urging action.
- A consultation considered capping resale prices at 30% above face value, but reports suggest a stricter face-value limit may be imposed.
- Consumer groups and industry bodies support the ban, citing benefits for fans and the need to regulate professional touts.
- Resale sites argue that price caps could drive customers to unregulated platforms, increasing fraud risks.