UK Investigates Ticketmaster's Dynamic Pricing
UK Investigates Ticketmaster's Dynamic Pricing

UK Investigates Ticketmaster's Dynamic Pricing

News summary

The UK government, led by Culture Secretary Lisa Nandy, has announced an investigation into the controversial 'dynamic pricing' system used by Ticketmaster for concert tickets. This follows widespread backlash from Oasis fans who faced inflated ticket prices due to high demand, with some tickets rising from £150 to over £350 within hours. Many fans expressed outrage on social media, and MPs from various parties have called for greater transparency and consumer protections. Ticketmaster defended the practice, stating it deters scalpers and aligns prices with market demand, but critics argue it excludes ordinary fans. The government's review will aim to address these issues and ensure fairer ticket pricing.

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