Reselling tickets above face value to be banned by government
PositiveFinancial Markets

- The government plans to ban the resale of tickets above face value, addressing the issue of ticket scalping that affects fans of music, theatre, and sports. This initiative is a response to ongoing concerns about the accessibility of tickets at fair prices.
- This development is significant as it aims to protect consumers from inflated prices set by scalpers, ensuring that genuine fans have a fair chance to purchase tickets. The government's action reflects a growing recognition of the need for regulatory measures in the ticketing industry.
- The initiative aligns with calls from prominent artists like Dua Lipa and Coldplay, who have urged the government to take action against ticket touts. This highlights a broader movement within the entertainment industry advocating for fair access to tickets, emphasizing the importance of consumer rights and the need for effective regulation in the face of persistent scalping issues.
— via World Pulse Now AI Editorial System