Introduction to the UK Government’s Crackdown
The UK government has announced plans to outlaw the reselling of tickets for profit, in a bid to tackle touts and secondary ticketing platforms. According to The Guardian, anyone reselling a ticket will also be prohibited from offering more tickets than they could have procured under limits set by the original box office.
Background and Motivation
The decision comes after years of complaints from fans about massively inflated prices for resale tickets for music and sporting events. As Wales Online reports, Ticketmaster already limits all resale in the UK to face value prices, and this new ban is seen as another major step forward for fans.
Key Facts and Figures
A consultation on the changes had canvassed views on capping costs at up to 30% above the face value of a ticket, according to the BBC. The government’s plan to ban ticket resale above face value has been backed by Live Nation Entertainment, the parent company of Ticketmaster.
Expert Insights and Analysis
This move is a significant step towards protecting consumers from exploitation. As The Independent notes, the ban on reselling tickets above face value will help keep live events accessible to fans. However, it remains to be seen how effectively the ban will be enforced, and what impact it will have on the secondary ticketing market.
Practical Takeaways
For fans, this means that they will no longer be priced out of events by touts and secondary ticketing platforms. For the industry, it means that there will be a greater emphasis on ensuring that tickets are sold at face value, rather than being resold for profit.
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