US EditionO2 Analysis Finds Resale Tickets for London’s Hottest Shows Listed at Extortionate Prices as Touts Cash In
9 Articles
9 Articles
The Ministry of Social Rights, Consumption and Agenda 2030 has declared war on the ticket resale market. Pablo Bustinduy’s department has announced that it wants to undertake a legal reform to prohibit resell tickets when the seller’s end is to profit from the process. The regulation seeks to stop a booming market that moves some 322 million euros in Spain, according to the ministry. The idea of Consumo is to introduce this limitation to resale …
The Ministry of Social Rights intends to present the Preliminary Draft Law in the Council of Ministers this Tuesday, with the aim of making effective the prohibition of this practice for all cultural shows Radu Jude: “90% of what is in TikTok is garbage, but there are also more interesting things than traditional cinema” The Ministry of Consumer Affairs intends to prohibit the price increase in the resale of tickets to cultural shows. This will …
Getting a ticket for the most popular big concerts is often complicated: there are virtual rows in which consumers get desperate for hours and, often, without success. There are companies that take advantage of computer bots to take advantage of them (an already prohibited practice) and then those same entries appear on other websites at prices that double and even quintuple the original. To stop this abuse, the sustainable consumption law — whi…
The Ministry of Social Rights, Consumption and Agenda 2030 will prohibit the price increase in the resale of tickets beyond the variation of the CPI from the moment of the initial purchase to the time of the next sale and will do so within the framework of the Preliminary Draft Law on Sustainable Consumption and through an amendment of article 20 of the General Law for the Defense of Consumers and Users. This has been announced this Tuesday by P…
O2 analysis finds resale tickets for London’s hottest shows listed at extortionate prices as touts cash in
Analysis from O2 has shown that ticket touts have cashed in on London’s summer of music with tickets being resold for 490% above face value, on average. The telecoms company, which sold 1.5 million tickets in 2024 via its Priority Tickets platform to events across the UK, analysed more than a thousand tickets for sale across nine different music concerts and multiple resale sites. O2 found that tickets to some of London’s hottest shows, includin…
The draft Sustainable Consumption Law prepared by the Ministry of Social Rights, Consumption and Agenda 2030 includes a ban on increasing the price of resale of tickets beyond the variation of the CPI from the time of initial purchase. This measure is complementary to the current ban on companies using bot systems for a massive purchase of tickets intended for resale, which the Ministry acknowledges is not working, according to EFE.
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