The UK government has agreed to greater regulation of the secondary ticket market.
According to reports, the House of Lords passed an amendment to the Consumer Rights Bill meaning that secondary ticket websites will request resellers to provide more information.
The likes of Viagogo and StubHub will now need to provide more details including ticket face value, seat number and any restrictions. Those that don’t adhere to the new legislation could face fines.
Mike Weatherley, Conservative MP for Hove and Portslade, and co-chair of the All-Party Parliamentary Group (APPG) on Secondary Ticketing, said: ‘This has been a long standing campaign by the APPG to get some overdue changes in place.
‘The free market system has broken down due to the introduction of ‘bots’ and other factors, enabling, on occasions, obscene profiteering for intermediaries against the interest of fans and the wishes of those putting on the event. I am pleased that the government has recognised the importance of regulation with regard to secondary ticketing, which will be to the benefit of us all.’
The new legislation is likely to be passed as an amendment to the bill within the next three months.
According to reports, the House of Lords passed an amendment to the Consumer Rights Bill meaning that secondary ticket websites will request resellers to provide more information.
The likes of Viagogo and StubHub will now need to provide more details including ticket face value, seat number and any restrictions. Those that don’t adhere to the new legislation could face fines.
Mike Weatherley, Conservative MP for Hove and Portslade, and co-chair of the All-Party Parliamentary Group (APPG) on Secondary Ticketing, said: ‘This has been a long standing campaign by the APPG to get some overdue changes in place.
‘The free market system has broken down due to the introduction of ‘bots’ and other factors, enabling, on occasions, obscene profiteering for intermediaries against the interest of fans and the wishes of those putting on the event. I am pleased that the government has recognised the importance of regulation with regard to secondary ticketing, which will be to the benefit of us all.’
The new legislation is likely to be passed as an amendment to the bill within the next three months.
