The CMA is investigating concerns regarding the sale of Oasis concert tickets by Ticketmaster, including how so-called ‘dynamic pricing’ may have been used
The Competition and Markets Authority (CMA) has today launched an investigation into Ticketmaster regarding the sale of Oasis tickets for the band’s upcoming reunion tour, including how so-called ‘dynamic pricing’ may have been used.
The CMA is scrutinising whether the sale of Oasis tickets by Ticketmaster may have breached consumer protection law. The investigation will consider a variety of things including whether:
The CMA is at the initial stage of its investigation and will now be engaging with Ticketmaster and gathering evidence from various other sources, which may include the band’s management and event organisers. It should not be assumed that Ticketmaster has broken consumer protection law. The CMA will also consider whether it is appropriate to investigate the conduct of anyone else in relation to the matter.
As part of its information gathering, the CMA is inviting fans to submit evidence of their experiences in relation to the purchase or attempted purchase of Oasis tickets. Fans are being asked to provide their evidence through CMA connect and, where possible, to include any screenshots they may have taken as they progressed through the purchasing process.
So-called ‘dynamic pricing’, where a business adjusts its prices according to changing market conditions including high demand, is becoming increasingly prevalent across a number of different markets and sectors. This is not the first time it has raised concerns among fans of live sporting and music events. While the practice is not automatically unlawful, it may breach consumer protection or competition law in certain circumstances. The CMA will investigate how it may have been used in this instance and the information buyers were given regarding the price they would pay as they went through the process of buying tickets and importantly, before they reached the check-out.
Consumer law is clear – ticket sales sites must be transparent in their dealings with consumers and give clear and accurate information about the price people have to pay.
Failure to do so may breach the law.
Sarah Cardell, Chief Executive of the CMA, said:
Wider considerations regarding the live event ticket market
In addition to the investigation launched today, the CMA has also published its response to a letter from the Secretaries of State at the Department for Business and Trade and Department for Culture, Media and Sport on the issues surrounding live event ticket sales.
The letter sets out the CMA’s view that more protections are needed for consumers buying tickets on the secondary market, as we have previously set out in our proposals to government in 2021. The CMA welcomes the government’s commitment to consult on measures to improve consumer protections in this sector and will work closely with them to get the best outcomes for fans and fair-dealing businesses.
The CMA is separately considering broader competition and consumer issues raised by so-called ‘dynamic pricing’. The letter notes that the government may include measures relating to ‘dynamic pricing’ in its ticketing consultation, and the CMA will assist the government should it seek to develop policy in this area.
The CMA welcomes responses to today’s call for evidence, by 5pm on Thursday 19 September 2024.
If you’re seeking advice or support, contact the relevant consumer advice organisation in your area. The CMA is not able to respond to or advise on individual complaints but will use the information gathered from its call for evidence in its investigation.
More information can be found on the CMA’s Ticketmaster investigation case page.
Notes to Editors