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Ticketmaster to be investigated by watchdog over 'dynamic pricing' of Oasis tickets (www.lbc.co.uk)
submitted 1 week ago by Emperor@feddit.uk to c/unitedkingdom@feddit.uk
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The UK's competition regulator has launched an investigation into Oasis ticket sales after widespread complaints over pricing.

The investigation is also set to include a wider probe into how "dynamic pricing" was used during the sale.

Ticketmaster's dynamic pricing meant that when reunion tour tickets went on sale, prices would rise in-line with demand.

The 90s Brit rock icons announced two extra Wembley Stadium shows as part of their 2025 UK tour on Wednesday, after "phenomenal demand" for tickets left many fans empty handed during the main sale on Saturday.

Tickets for the band's tour went for up to £350 per ticket, around £200 more than had been advertised.

In response to widespread uproar over pricing, the Competition and Markets Authority (CMA) today announced it has launched an investigation.

The CMA confirmed it is now scrutinising whether the sale of Oasis tickets by Ticketmaster may have breached consumer protection law.

The probe follows Oasis' comments hitting out at Ticketmaster's pricing policy, with many fans pay over the odds to secure access to the tour.

In an apparent response to the anger about dynamic pricing, they say tickets will be sold by a 'staggered, invitation-only ballot process'.

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[-] Lifebandit666@feddit.uk 5 points 1 week ago

Kick back, watch it crumble

See the drowning

Watch the fall

I feel just terrible about it

That's sarcasm, let it burn

I'm gonna make a toast when it falls apart

I'm gonna raise my glass above my heart

Then someone shouts, "That's what they get"

For all the years of hit-and-run

For all the piss broke bands on VH-1

Where did all their money go?

Don't we all know?

Parasitic music industry

[-] omgitsaheadcrab@sh.itjust.works 2 points 1 week ago

Flying to LA for their final concert. Instead I could have watched Oasis for the same price... lol

[-] Lifebandit666@feddit.uk 4 points 1 week ago

Either way you're paying lots of money to watch a man sing that can't sing. At least with NOFX he wears a tutu too

this post was submitted on 05 Sep 2024
111 points (99.1% liked)

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