Ticketmaster's controversial “dynamic pricing” model, which increases ticket prices dramatically in accordance with the law, is facing scrutiny from European regulators after allegations of astronomical changes. oasis Two entry prices. Both the European Commission, representing the EU, and the UK's Concorrência e Mercados Agency (CMA) will confirm that this investigation may be prohibited or restricted to practice after cases are subject to exorbitant prices for Oasis meeting times.
Keir Starmer, the UK Prime Minister, has described the practice as “disappointing” and said a regulatory body had launched an “urgent review.” Similar to Or disaster Due to Taylor Swift's Eras Tour, British fans complained of lost seats and queues that lasted several hours, sometimes extending when they were mistaken for robots and were turned away.
Lara Wolters, a Dutch member of the European Parliament, said that the dynamic pricing of Embora is currently legal. Oh guardio She will go looking for new laws to protect European consumers. “The only winners in this situation are the big platforms that sell revenue, because they have two stages that produce without shows,” he said. “This is not a system that seeks to maximize the pleasure of playing on the field as the greatest artist, but rather seeks to maximize the profit of music as any other product. As a music lover, this is my ethos and I want to end this, so I am pleased to see that the UK government is investigating this, and I hope that the new European Commission will follow suit so that we can finally put in place new rules against the ‘unfair issuance of banknotes’.”
Ticketmaster compares dynamic pricing to the way hotel room sales and airline tickets work and says prices are set by artists and management, Oh guardio Reports. A CMA spokesperson said: “Consumer law requires businesses to be fair and transparent in their relationships with consumers, and businesses must provide clear and accurate information about the price people are charged. “They should not do anything that would break the law.” Several Oasis ticket buyers claim that prices that are several times higher than the initial checkout price were not disclosed at the box office.
At the end of 2022, at the time Taylor Swift announced her Eras Tour, União Europeia will appear. To read digital services To combat solicitation, sellers are required to provide proof of identity, contact information, and publicly identify themselves. The U.S. Department of Justice is currently He treats Ticketmaster owns Live Nation Entertainment, claiming that the company has a monopoly on the entertainment market.
