A UK competition regulator is investigating Oasis ticket sales.
The Competition and Markets Authority is probing into whether Ticketmaster breached consumer protection law. “Dynamic pricing” was used on the ticket-selling website once tickets for Oasis’ UK tour went live.
BBC reported: “Dynamic pricing meant that on Ticketmaster, where tickets to the reunion tour were originally sold, prices rose in line with demand.”
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The publication continued: “The investigation will examine whether Ticketmaster engaged in unfair commercial practices, buyers were given clear information that the tickets could be subject to price rises [and whether] people were put under pressure to buy tickets within a short period of time.”
(Image: INSTAGRAM)
Oasis fans were livid with the “dynamic pricing” and Ticketmaster faced backlash from eager concertgoers attempting to snag tickets for the Gallagher brothers’ legendary reunion, scheduled to take place across the UK next summer.
Some fans reported paying up to £350 per ticket, a whopping £200 more than they had first been advertised as. Oasis themselves even addressed the controversy and spoke out against the scandal.
(Image: PA)
They issued a statement saying: “It needs to be made clear that Oasis leave decisions on ticketing and pricing entirely to their promoters and management.”
After it was announced the CMA launched their investigation into Ticketmaster, the organisation revealed it is in the “initial stage of its investigation” and they are collecting “evidence from various other sources”.
(Image: PR Image)
The BBC reported that the CMA stated: “It should not be assumed that Ticketmaster has broken consumer protection law. The CMA will also consider whether it is appropriate to investigate the conduct of anyone else in relation to the matter.”
The publication also reported that Ticketmaster “says it did not set ticket pricing policy” but instead “artists and promoters did”.
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Source: Celebrities - dailystar.co.uk
