My reading of this is that the Competition and Markets Authority (Monopolies Commission in new money) have taken a huge time to find only the most minor misbehaviour by these (lets be frank) utter shits, and even then can’t force the tiniest improvements.
The give away in the article is the line “Secondary ticketing websites are designed to re-sell tickets to concerts, shows and events where the original buyer can no longer attend.” – if the CMA honestly believe that’s their main business model then it’s no wonder they’ve been so useless in driving out this appalling parasitical behaviour.
I’m far from alone in being utterly fed up when a big act’s tickets go on sale, sell out in minutes, and then miraculously vast numbers of tickets appear at ransom-demand prices on these websites within the hour. I can not believe it is beyond the wit of lawmakers to outlaw such blatantly unfair actions, and this latest story makes me despair.
Am I over-reacting? Is this just one of those things we need to suck up? Or are there practical steps which regulators could make to improve this situation for genuine fans?