Oasis Fans Furious As Dynamic Pricing Pushes Ticket Prices Sky High — 'It's Just Not Fair,' Says UK Prime Minister
Portfolio Pulse from Franca Quarneti
The UK government is examining dynamic pricing practices by ticketing websites after Oasis fans faced high ticket prices for the band's reunion tour. Ticketmaster, owned by Live Nation Entertainment Inc (NYSE:LYV), is under scrutiny for its pricing strategies, which have led to complaints and government intervention.
September 03, 2024 | 9:33 pm
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Live Nation Entertainment Inc (NYSE:LYV), owner of Ticketmaster, is under scrutiny for dynamic pricing practices that led to high ticket prices for Oasis' reunion tour. This could lead to regulatory changes affecting their business model.
The controversy over dynamic pricing for Oasis tickets has led to government scrutiny, which could result in regulatory changes. This scrutiny and potential regulation could negatively impact Live Nation's business model, as Ticketmaster is a key platform for ticket sales.
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