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CMA Secures Ticketmaster Commitments for Clearer Pricing After Oasis Ticketing Controversy

The watchdog says it found no evidence of algorithmic dynamic pricing in the Oasis sale.

Overview

  • Ticketmaster must give at least 24 hours’ notice when tiered pricing will apply to a sale.
  • Fans in online queues will see upfront price ranges and receive alerts as cheaper tickets sell out.
  • Misleading labels must be removed from listings, with “platinum” branding already ended in the UK.
  • The company must submit two years of compliance reports to the CMA, which can take enforcement action for any breach.
  • The undertakings are voluntary with no admission of wrongdoing, following a sale of over 900,000 Oasis tickets that drew complaints about undisclosed price jumps.