When Oasis announced a reunion tour after more than a decade of feuding, the band's fans were delighted. But after waiting online for hours, many of them were outraged to discover that ticket prices had soared while they were in line - some more than doubling from their originally advertised price.
Lisa Nandy, the British culture secretary, said that it was 'deeply depressing' for fans to have spent hours queuing online for the 'event of a lifetime'... only for many to discover that they could not afford the tickets.
Nandy stated, 'There is an overhaul needed of the regulations around ticketing. We've already announced that this autumn we'll be consulting on secondary ticketing and how to deal with ticket touts, and as part of that we'll look at dynamic pricing, and, in particular, transparency around it.'
'Many of those Oasis fans had no idea ... that a dynamic pricing model was in use. They thought that they were going to pay one price for a ticket, only to ... find that they were paying hundreds of pounds more,' Nandy explained.
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