New legislation may restrict ticket costs

The government has been urged to intervene in order to end 'unfair' ticket prices.

October 20th 2024.

New legislation may restrict ticket costs
The world of concert ticket pricing may soon undergo a major change. Fans of Oasis, who were left distressed by the chaos surrounding the sale of tickets for the band's 2025 reunion tour, may finally see an end to the controversial practice of "dynamic pricing." When the Gallagher brothers announced their tour dates, thousands of eager fans flocked to ticketing sites, only to be met with complaints of exorbitant ticket prices. In the aftermath, there have been reports of fans paying much more than they anticipated for tickets. This has sparked the introduction of the Sale of Tickets Bill in the House of Commons, in response to the dynamic pricing scandal.

Labour MP Rupa Huq has taken the lead in proposing this bill, with the aim of changing the law to promote transparency in pricing and protect fans from being taken advantage of. Despite the 2025 UK and Ireland tour selling out, concerns have been raised over the significant price increases for standard tickets, with some going from £148 to £355. Oasis has stated that they were not aware of dynamic pricing being used, while Ticketmaster has claimed that all ticket prices are set by the tour. This issue has caught the attention of both the UK competition watchdog and the government, who have promised to investigate the matter.

In the words of MP Huq, "As a lifelong music fan, I, like many others, was appalled by the recent situation where people were queuing up for hours on end to secure Oasis tickets." She also highlighted the immense pressure fans face when they finally reach the front of the queue, feeling like they have no choice but to purchase the tickets at inflated prices. Huq's proposed bill seeks to establish a maximum price for tickets, in an effort to protect consumers from being taken advantage of.

The MP, who herself attended a live Oasis concert in the 1990s, also emphasized the need for certainty and fairness in the ticketing process. She stated that this issue is especially important in the current economic climate, where people are struggling with the cost of living. Huq is currently working on the details of the bill, with the support of various pressure groups and industry bodies. She clarified that the bill does not aim to outlaw dynamic pricing, but rather to introduce transparency and certainty into the process, as there is still a place for market forces.

The proposed bill has already garnered support from MPs of different parties and will be considered in the House of Commons on December 6. However, without government support, it is unlikely to progress in its current form. In the meantime, the government has announced plans to launch a consultation on the secondary ticket market in the upcoming autumn season. They have also acknowledged the potential benefits of dynamic pricing, such as offering cheaper early bird tickets. Even Prime Minister Keir Starmer has weighed in on the Oasis ticket sale debacle, describing it as "unfair," as prices "start going through the roof." It remains to be seen how this issue will be resolved, but one thing is for sure - the voices of outraged fans will not go unheard.

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