Summary
The UK government is introducing new rules to stop people from reselling event tickets for much higher prices than they originally cost. These rules aim to make tickets more affordable and to prevent "ticket touting," where people buy many tickets and sell them at high prices. The rules will apply to concerts, sports, theater, and other live events.
Key Facts
- It will be illegal to resell tickets above their original cost.
- Service charges on resale tickets will have limits.
- Resale platforms must enforce these rules and can be fined if they don't.
- People cannot sell more tickets than they were allowed to buy in the first sale.
- The new rules will cover concerts, sports, theater, and more.
- The government aims to lower ticket prices, saving fans an average of £37 per ticket.
- Some in the ticket industry worry this could push reselling to less secure platforms.
- Businesses breaking the rules could face fines up to 10% of their global sales.
