The UK's Competition and Markets Authority (CMA) has initiated an investigation into the ticket sales for Oasis' reunion concerts scheduled for next year. Specifically, the probe targets Ticketmaster, a unit of Live Nation Entertainment, and its use of "dynamic pricing." This pricing model allows ticket prices to fluctuate significantly in response to market demands.
On Saturday, many fans who spent hours queued in an online ticket line reported paying more than twice the original price due to dynamic pricing. The CMA will assess whether these practices violated consumer protection laws and if Ticketmaster engaged in unfair commercial practices. Noel and Liam Gallagher stated they were unaware of the pricing strategy and that ticketing decisions are managed by their team.
Oasis, which formed in Manchester in 1991, was a quintessential 1990s Britpop band with hits like "Wonderwall" and "Don't Look Back in Anger." The band split in 2009 following a backstage altercation between the Gallagher brothers. Despite their separation and ongoing public disputes, both continue to perform Oasis songs at their solo concerts. (This story was generated by Newser's AI chatbot. Source: the AP)
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