Reselling event tickets for profit to be outlawed in UK crackdown

Under the plan, which could form part of next year’s king’s speech, anyone selling a ticket will not be allowed to charge more than they paid for it.

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pledge by stopping “pernicious” touts.

Resale platforms will be allowed to charge fees on top of that price. But these extras will also be limited to ensure that they can’t be inflated artificially to offset profits forfeited due to the legislation.

The scale of the ceiling on service fees is yet to be determined.

The ban will also govern social media sites, which resale platforms have claimed would offer unregulated and potentially fraudulent tickets if legislation squeezes online ticket exchanges out of the market.

Anyone reselling a ticket will also be prohibited from offering more tickets than they could have procured under limits set by the original box office company.

A licensing system for ticket resale companies, one of the options that the government review considered, will not be adopted. Resale platforms will be legally liable if sellers using their site do not comply with the law, which will be enforced by the Competition and Markets Authority.