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What will be the outcome of the UK government's investigation into Ticketmaster's dynamic pricing practices for the Oasis reunion tour by December 31, 2024?
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Resolution / Starting Odds
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Official announcement from the UK government or CMA
Story
UK Government and CMA Investigate Ticketmaster's Dynamic Pricing for Oasis Reunion Tour, Prices Surged to £350
Sep 5, 2024, 01:20 PM
The UK government has initiated an investigation into Ticketmaster's use of dynamic pricing for Oasis reunion tour tickets. Fans reported prices surging to over £350, with some waiting hours only to face inflated costs. The Competition and Markets Authority (CMA) is examining whether Ticketmaster's practices breached consumer protection laws. The probe will assess the impact of supply and demand on ticket prices and whether consumers were pressured into purchasing tickets at higher prices. The European Commission is also reviewing the practice amid widespread backlash from fans. Over one million tickets were sold for the 2025 concerts.
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