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The UK competition regulator has launched an investigation into the sales of Oasis ticket sales, including how “dynamic pricing” was used.
The Competition and Markets Authority (CMA) is investigating whether ticket selling platform Ticketmaster breached consumer protection law.
Dynamic pricing meant that, on Ticketmaster, where tickets to the reunion tour were originally sold, prices rose in line with demand.
The investigation will examine whether:
- Ticketmaster engaged in unfair commercial practices
- Buyers were given clear information to explain that the tickets could be subject to price rices
- People were put under pressure to buy tickets within a short period of time
The CMA’s probe follows widespread criticism of dynamic pricing over the past week from Oasis fans who ended up paying significantly more than they expected to for tickets to the band’s tour next year.
Many fans complained that they had been asked to pay as much as £350 per ticket, around £200 more than had been advertised.
The band also said hit out at the system, saying: “It needs to be made clear that Oasis leave decisions on ticketing and pricing entirely to their promoters and management.”
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