A coalition of prominent musicians, including Dua Lipa and Coldplay, alongside industry organizations and fan groups, are publicly urging the UK government to implement its promised legislation to cap ticket resale prices. The artists and organizations are calling for action to combat exploitative ticket touts who inflate prices and prevent genuine fans from accessing live events.
The Labour party had pledged in its manifesto to address issues caused by touts using bots to acquire tickets in bulk and resell them at significantly higher prices. However, over a year after this promise and seven months after a consultation on the matter closed, the government has not yet introduced new laws, leading to frustration among artists and fans.
Recent investigations have revealed that prolific sellers, based internationally, are acquiring tickets for popular UK events and listing them at exorbitant prices on secondary ticketing platforms like StubHub and Viagogo. Examples include vastly inflated prices for concert tickets and sports matches, with some tickets being listed for thousands of pounds more than their original face value.
The investigations also highlighted issues with speculative selling, where tickets are listed for resale before they have even been purchased by the seller. Consumer groups are calling for the Prime Minister to commi... download the app to read more
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