Britain announced on January 9, 2025, proposals aimed at clamping down on ticket resellers who profit from selling tickets at significant mark-ups. The government is exploring options such as capping resale prices at up to 30% above face value.
The proposed rules also include increasing accountability for reselling websites and apps, and implementing tougher penalties for those who violate regulations. This initiative seeks to make ticket resales fairer and more transparent for consumers.
This regulatory push in the UK could impact Live Nation's international ticketing operations and its approach to the secondary market. The public consultation on these plans runs until April, with potential for new legislation to follow.
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