U.K. government steps in as Ticketmaster's 'dynamic pricing' fiasco triggers public outrage over surging Oasis ticket prices
Briefly

Culture Secretary Lisa Nandy criticized surge pricing as "depressing," asserting that the government's consultation on consumer protections will review dynamic pricing practices and their implications for fans.
At Ticketmaster, standing tickets initially priced at around £150 soared to over £350 due to demand, reflecting the controversial nature of dynamic pricing in ticket sales.
The UK's Advertising Standards Authority reported receiving 450 complaints regarding Ticketmaster ads, with consumers alleging misleading claims related to ticket availability and pricing.
Fans expressed outrage over ticket inflation, labeling dynamic pricing practices as "greedy," "disgusting," and a blatant "rip off," especially during high-demand events like the Oasis reunion.
Read at Fortune Europe
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