The Competition Consumer Protection Commission (CCPC) has filed a High Court motion seeking to formalise an agreement made with Ticketmaster following a lengthy investigation into the provision of tickets and the operation of ticketing services for live events in Ireland.
The regulator’s probe into suspected breaches of competition law began just under four years ago.
In launching the investigation in January 2017, the CCPC stated that it would focus “primarily on potentially anti-competitive conduct by operators including; those involved in providing tickets and ticketing services, promoters and venues.”
It came after a number of high-profile gigs sold out within minutes on Ticketmaster and appeared for sale at a higher price on re-seller sites, prompting a consumer outcry and politicians to begin drafting legislation aimed at clamping down on the re-selling of tickets, or ticket touting.
During its investigation, the CCPC stated it had issued witness summonses and formal requirements for information to a number of parties involved in the sector.
In a statement to TheJournal.ie, the CCPC said that it has reached an agreement with Ticketmaster whereby the ticket seller has agreed to address the regulator’s concerns arising from its investigation.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Apple Prevails in Dismissal of Crypto-Payment Antitrust Lawsuit
Mar 27, 2024 by
CPI
Amazon Fined in Poland for Misleading Customers
Mar 27, 2024 by
CPI
Credit Card Rewards Under Threat as Visa, Mastercard Settlement Impacts Swipe Fees
Mar 27, 2024 by
CPI
UK Fashion Giants Commit to Honest Environmental Claims
Mar 27, 2024 by
CPI
Former Traders Lose Appeal Against Libor Rigging Conviction
Mar 27, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Real Estate & Antitrust
Mar 27, 2024 by
CPI
Systematic National Evidence of Steering by Real Estate Agents
Mar 27, 2024 by
CPI
Compliance Now! Actionable Antitrust Advice for the Residential Real Estate Industry
Mar 27, 2024 by
CPI
Real Estate Commissions: Some Insights from the Economics of Multi-Sided Platforms
Mar 27, 2024 by
CPI
New Ideas for Promoting Real Estate Brokerage Price Competition
Mar 27, 2024 by
CPI