The British government is launching an investigation into the use of "dynamic pricing" by event organizers, such as Ticketmaster, due to inflated ticket prices for the highly anticipated Oasis reunion tour.
The Gallagher brothers announced a reunion after 15 years of public feud, marking 30 years since Oasis' debut album.
Ticket prices for the Oasis reunion concerts reached up to 6,000 pounds in some cases, sparking outrage among fans. Dynamic pricing led to increases from around £148 to £355.
Oasis advised fans to only use Ticketmaster and Twickets for ticket resales at face value to avoid cancellations. Concerns were raised about non-official sellers listing seats at exorbitant prices.
Ticketmaster claims event organizers set ticket prices according to market value.
British Prime Minister, Keir Starmer, has promised to take strict actions against the secondary ticket market, known as "touting," to enhance music fans' protection.
This article was written in collaboration with Generative AI news company Alchemiq
Sources: Independent, BBC, The Guardian, Sky, Die Welt, El Pais, El Mundo, The Scottish Sun, Daily Mail.