Tickets: Price Caps
The question
To ask the Secretary of State for Business and Trade, if he will make an assessment of the effectiveness of secondary live event ticket sales price caps in other countries, in the context of potential price caps in the UK.
Answered by Justin Madders
The government is committed to putting fans back at the heart of live events by clamping down on exploitative practices in the ticket resale market. We ran a consultation earlier this year to seek views on a range of proposals, including a price cap that would restrict the price at which tickets could lawfully be resold.
We are currently reviewing all the evidence that we received in response to our consultation, including insights on international comparisons and operational requirements. We will set out our plans in the government response, which we intend to publish later this summer.
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