Oasis fans waited hours to get Oasis reunion tickets only to find that prices had been hiked. -EPA
The UK competition watchdog is looking into the use of dynamic pricing in the sale of Oasis concert tickets, keeping all potential action options open.
Hold tight - we’re checking permissions before loading more content
Thousands of Oasis fans waited long hours in virtual queues at the weekend to get their hands on tickets for the British band's reunion shows in 2025, only to find that prices had been hiked as part of a "dynamic pricing" scheme.
The Competition and Markets Authority (CMA) in a letter to the government said businesses that used dynamic pricing or other complex pricing systems needed to be transparent about how prices were set and not mislead customers.
"We are working at pace to establish the precise factual background to the sale of Oasis tickets on August 31, and we are keeping open all potential options for action," the watchdog said.
The regulator said it did not think ongoing issues could be tackled effectively by the CMA using its existing toolkit.
Ticketmaster, the official ticketing partner for the concert, did not immediately respond to a Reuters request for comment on the CMA's statement.
Britain's government earlier this week said it would investigate how concert ticket prices on official websites were hiked during high-demand periods.
The Britpop-era group announced its reunion shows in the UK and Ireland, starting in Cardiff in July 2025, followed by performances in Manchester - where the band was formed in 1991 - London, Edinburgh and Dublin.
4°C