Chris Martin, singer of the band Coldplay, who signed the letter to the British government.
Source: action press
Stars such as Dua Lipa and the bands Coldplay and Radiohead are pushing for restrictions on the prices of resale event tickets in the UK. An open letter from the musicians to the British government published on Thursday read:
For too long, certain platforms have allowed retailers to buy tickets in bulk and then resell them at exorbitant prices.
From an open letter to the British government
These business practices undermine “the efforts of artists and organizers to make their events affordable.”
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Consumer advocates, football fans and companies support the demand
The Cure’s Robert Smith, singer and guitarist Mark Knopfler and the bands Iron Maiden and New Order joined in the request. Consumer advocates, football fan clubs and companies from the entertainment industry are also among the signatories.
They say limiting resale prices for concerts and other events would “democratize access for the public.”
Up to 5,000 euros for the Oasis card
According to surveys conducted by consumer advocates, tickets from popular concerts are often resold by smugglers for much more than their actual retail price. Tickets for the Oasis concert at Wembley Stadium in the summer are being offered for up to 4,442 pounds (5,000 euros).
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Prime Minister Keir Starmer announced during last year’s election campaign that he wanted to resolve the issue. Among other things, the government is considering limiting the resale price to 130 percent of the original price. The signatories of the open letter criticized that so far no new regulations had been issued.
Source: AFP
