In a sudden policy U-turn, the government have taken an aggressive stance on online ticket touts with a new law which could see offenders fined up to £5,000.
For years now, gig-goers have almost got used to the idea that, if they miss out on initial ticket sales for big events, they will have to pay more in a ‘second wave’ of tickets. However, the new legislation means closer regulation for re-sellers, who will have to give extra details as to who they are, the seat number and the face value price of the ticket when selling the tickets. Failure to do so could result in a huge fine.
The move is not targeted at gig-goers who genuinely need to re-sell purchased tickets, but at companies who use online programs to buy up gig tickets and immediately re-sell them at a higher price.