'European Commission To Investigate Ticketmaster's 'Dynamic Pricing'; Review Follows UK Competition Watchdog's Announcement Of 'Urgent Review' Into Oasis Concert Tickets Fiasco' - The Guardian
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The European Commission is investigating Ticketmaster's dynamic pricing practices following a UK review into inflated Oasis concert ticket prices. Ticketmaster, a US-owned company, is accused of breaching laws by raising ticket prices significantly. The investigation may lead to new regulations in Europe.
September 03, 2024 | 5:33 pm
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Live Nation Entertainment, owner of Ticketmaster, faces regulatory scrutiny in Europe over dynamic pricing practices. This could lead to new regulations affecting their business model.
The European Commission's investigation into Ticketmaster's dynamic pricing could lead to regulatory changes that may negatively impact Live Nation's business model. The scrutiny follows significant consumer backlash and legal concerns, indicating potential for stricter regulations.
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