UK CMA Opens Investigation Into Ticketmaster; Investigating Concerns Regarding Sale Of Oasis Concert Tickets By Ticketmaster; Scrutinizing Whether Sale Of Oasis Tickets By Ticketmaster May Have Breached Consumer Protection Law
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The UK Competition and Markets Authority (CMA) has launched an investigation into Ticketmaster over concerns related to the sale of Oasis concert tickets. The investigation will examine whether Ticketmaster's actions may have breached consumer protection laws.
September 05, 2024 | 1:04 pm
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The UK CMA is investigating Ticketmaster, a subsidiary of Live Nation Entertainment (LYV), over potential breaches of consumer protection laws related to Oasis concert ticket sales.
The investigation by the UK CMA into Ticketmaster, a subsidiary of Live Nation, could lead to legal challenges or fines, potentially impacting LYV's stock negatively in the short term.
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