main-content-following

Ticketmaster's pricing for Oasis tickets is under investigation in the UK

Liam and Noel Gallagher (R) of the band Oasis perform on stage in the southern German city of Munich on February 27, 2009. Oasis are touring around Europe to promote their new "Dig out your soul"  album. AFP PHOTO DDP /  JOERG KOCH GERMANY OUT  (Photo credit should read JOERG KOCH/DDP/AFP via Getty Images)
Liam and Noel Gallagher (R) of the band Oasis perform on stage in the southern German city of Munich on February 27, 2009. Oasis are touring around Europe to promote their new "Dig out your soul" album. AFP PHOTO DDP / JOERG KOCH GERMANY OUT (Photo credit should read JOERG KOCH/DDP/AFP via Getty Images)

LONDON - The U.K.'s competition watchdog has launched an investigation into the way more than one million tickets were sold for next year's reunion concerts from iconic 1990s Britpop band Oasis. 

In a statement Thursday, the Competition and Markets Authority (CMA) said its investigation into Live Nation Entertainment's unit Ticketmaster will look specifically at "dynamic pricing," whereby prices can vary rapidly in light of changing market conditions. 

Many Oasis fans who queued online at the Ticketmaster site for many hours on Saturday complained that they ended up paying more than double the face value of the ticket as a result of this dynamic pricing.

Local News

  •  
     
     
     
  •  
     
     
     
  •  
     
     
     
  •  
     
     
     
  •  
     
     
     
  •