Entertainment
Ticketmaster Faces UK Probe Over Oasis Ticket Pricing
- CMA to probe possible breaches of consumer protection law
- The fair use of dynamic pricing of tickets also under scrutiny
Photographer: Paul Bergen/Redferns/Getty Images
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Live Nation Entertainment Inc’s Ticketmaster is facing a UK investigation over the recent sale of tickets for Oasis concerts, after widespread complaints about the use of dynamic pricing that saw fans paying more than £350 ($461) to attend.
The Competition and Markets Authority said it’s looking at whether the sale of tickets for the band’s gigs next year breached consumer protection laws. The watchdog will also scrutinize whether Ticketmaster fairly used dynamic pricing, where the cost of the tickets change depending on demand.