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U.K. government says it will ban ticket resales above face value

CBC News · Just In
CBC News
CBC News
Just In

The U.K. will move to ban the resale of entertainment and sports tickets for more than original face value. It says bulk buyers and bots often snap up tickets for popular events to resell at exorbitant amounts, unfairly pricing out real fans.

Breakdown
  • The U.K. government is proposing a ban on reselling event tickets above face value to address high prices and fan frustration. 18s
  • Ticket resale platform StubHub and industry experts argue the proposed law may be difficult to enforce and could fuel black markets. 38s
  • Musicians and their managers support the changes, hoping they will help genuine fans access tickets. 1m 8s
  • Competition experts suggest even stricter regulations may be needed, especially regarding dominant companies like Ticketmaster. 1m 22s
  • Canada is considering similar measures, with some provinces having limited rules on ticket resales, but no nationwide changes yet. 1m 35s
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