UK watchdog backs plan for cap on price of resale tickets in blow to touts
by Rob Davies from World news | The Guardian on (#6W4XA)
CMA stance moves Britain step closer to outright ban on ticket touts ripping off fans
The UK appears to be a step closer to an outright ban on ticket touts ripping off fans, after the competition watchdog threw its weight behind government plans to cap ticket resale prices.
In a blow to websites such as Viagogo and StubHub, which make hundreds of millions a year lawfully by selling access to popular gigs and shows, the Competition and Markets Authority (CMA) said for the first time that it would back a ceiling on secondary" ticket prices.
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