To ask the Secretary of State for Business and Trade, if his Department will bring forward proposals to regulate the de facto monopoly of ticket sales by Ticketmaster.
Answered on
17 September 2024
Under competition law, the Competition and Markets Authority (CMA), as the UK’s competition authority, is responsible for investigating anti-competitive practices such as an abuse of a dominant position. The Government has ensured that the CMA has significant powers to investigate and act if it finds that businesses are behaving anti-competitively in a market. As an independent authority, the CMA has discretion to investigate competition cases which, according to its prioritisation principles, it considers most appropriate.
With respect to the secondary ticketing market, the Government has committed to introducing new consumer protections in relation to ticket resales and we will be launching a consultation in the autumn to seek views on potential options.