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Resold tickets prices set to be capped under UK tout crackdown

  • The Government plans to cap resale ticket prices to combat ticket touts who resell at high profits, affecting live events like music and sports.
  • A public consultation will determine the cap amount, which could range from the original ticket price to a 30% increase.
  • The Competition and Markets Authority found resale tickets often marked up by over 50%, with some sold for six times their original price.
  • Campaigners and music artists support the consultation, aiming to protect fans and ensure fairer ticket pricing in the live events industry.
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