Friday 17 June 2016

Competition Authority to investigate 'big four' ticket re-sellers

The UK's Competition and Markets Authority (CMA) has opened a compliance review into the four largest secondary ticketing websites. The CMA is carrying out a review to see if the four sites – Viagogo, Ticketmaster-operated Seatwave and Get Me In! and eBay-owned StubHub are providing adequate information to consumers. It is asking anyone with relevant information about the platforms and their practices to get in touch by the July 12 deadline. Consumer group Which? recently monitored the four sites and concluded the rules outlined in the amended Consumer Rigts Act of ticket resales were not being followed. It follows 
Mumford & Sons manager Adam Tudhope call for anti-touting campaigners to keep up the pressure on the government following the Waterson report on secondary ticketing, warning its recommendations will be “meaningless” without political backing. Tudhope told Music Week “the status quo is intolerable”, and backed the economist’s nine “pragmatic and achievable” recommendations. “He’s not saying there should be new legislation, but rather that government should be making sure that existing consumer law is applied to this market, and that secondary sites should stop flouting the law”.

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