Ticket resale prices for live UK events to be capped in crackdown on touts
by Rob Davies from World news | The Guardian on (#6TF53)
Viagogo and StubHub platforms to be hit by cap of face value plus 30% or less
The price at which tickets for live events can be resold is to be capped under gamechanging" proposals put forward by the government to crack down on touting in the sector.
In a move hailed by music industry figures, the culture minister, Lisa Nandy, has launched a consultation that she said would end the misery" of fans being exploited by touts, some of whom have made huge profits by selling hundreds of tickets a year.
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