-
Dream job: US soccer fans paid to watch every World Cup game
-
England left frustrated by Ghana in World Cup draw
-
Europe wilts under record heat as AC sales soar
-
Grieving Deschamps to miss France's final World Cup group game
-
Rubio rejects Iran tolls on Hormuz as deal strains multiply
-
Two-goal Ronaldo delights in silencing critics after 'attacks'
-
Cubans bid farewell to revolution hero Valdes
-
Morocco squad 'supporting' Hakimi despite impending rape trial
-
Ronaldo delights in silencing 'attacks' after making World Cup history
-
Airbus to inspect 16 A380s after cracks found on plane wings
-
'Paris in this heat is awful': Tourists change plans as sites close early
-
Bolivian government says cleared all protest roadblocks
-
'I'm back': Ronaldo scores at sixth World Cup as Portugal run riot
-
France has hottest-ever day as 'unbearable' heatwave keeps scorching Europe
-
US TV news host begs for info after kidnap note says mother is dead
-
Ronaldo double fires Portugal, England eye last 32
-
Ronaldo scores at sixth World Cup as Portugal run riot
-
Hollywood powerhouses bring AI fight to Europe
-
Portugal's Ronaldo first man to score at six World Cups
-
What is driving Europe's heatwave?
-
Rubio says US will not accept Iranian tolls on Hormuz
-
Spain's Oyarzabal happy to play through pain at World Cup
-
Marco Rubio in Gulf to reassure allies hit hard by Mideast war
-
US Supreme Court rules against man whose dreadlocks were cut off in prison
-
American Michele Kang agrees deal to buy French club Lyon
-
UN to begin evacuating stranded Mideast sailors after US-Iran talks
-
French farmers suffer arid crops, heat-stricken animals
-
Tech drags down world stocks, oil dips on supply hopes
-
Scorching heat shuts Paris landmarks early as France swelters
-
Shootout traps tourists at Rio sunrise lookout
-
Ipswich hire Gary O'Neil as manager
-
Heatwave sparks health warnings across Europe
-
Lake wins Wales captaincy race ahead of Morgan
-
Hundreds of schools close as UK braces for record-breaking heatwave
-
Tech names drag down world stocks, oil dips on supply hopes
-
Starmer vows 'orderly' transition as Labour MPs mull bid to be PM
-
Reports of Dupont inclusion in France squad 'bordering on annoying' says Galthie
-
ACTIVIST SHAREHOLDER FILES SCHEDULE 13D IN EQUUS TOTAL RETURN, INC.
-
England coach McCullum denies rift with 'good friend' Stokes
-
Europe: the world's fastest-warming continent
-
Taliban officials hold EU migration talks in Brussels
-
Gennaro Gattuso returns to coaching with Lazio after Italy debacle
-
Kenya halts US Ebola facility: health minister tells court
-
Why the heat is wreaking havoc on Europe's trains
-
Zelensky to skip key Ukraine conference in Poland over WWII row
-
Seoul leads rout for tech shares as oil prices dip
-
Europe heatwave closes schools, threatens health
-
India monsoon sweeps north but brings less rain than usual
-
Germany eyes longer working lives in pension reform plan
-
UK and markets await Burnham's economic plans
UK to probe Ticketmaster over Oasis ticket prices
The UK's competition watchdog said Thursday it has launched an investigation into Ticketmaster over how it handled ticket sales for next year's sold-out Oasis reunion tour.
The scramble on Saturday for prized tickets for 17 announced concerts in July and August, 2025, saw sudden big price hikes -- known as dynamic pricing -- which infuriated fans.
The band has since scheduled two more dates, in September next year.
"We are working at pace to establish the precise factual background to the sale of Oasis tickets on 31 August, and we are keeping open all potential options for action," the Competition and Markets Authority (CMA) told the government in a letter.
"This includes potential enforcement action where we see evidence of possible breaches of consumer protection law," it added.
Dynamic pricing, where a business adjusts its prices according to changing market conditions, is not in itself unlawful, the CMA noted.
But "where businesses use dynamic pricing or other complex pricing systems, they must not mislead customers about their prices, and must be transparent about how prices are set", it said.
The practice is used across a range of sectors and has been facilitated by the development of AI and other digital tools.
"In certain contexts, it can affect consumers' trust in markets, and their ability to get good deals," the watchdog added.
"Reflecting this, we are exploring any broader competition and consumer issues raised by dynamic pricing, and we look forward to engaging with your officials as our thinking in this area develops."
- Oasis deny responsibility -
Oasis are now set to play six concerts at London's Wembley Stadium next year, as well as 13 other dates in Cardiff, Edinburgh, Manchester and the Irish capital Dublin.
The band released a statement on Wednesday evening denying they were behind the dynamic pricing.
"It needs to be made clear that Oasis leave decisions on ticketing and pricing entirely to their promoters and management, and at no time had any awareness that dynamic pricing was going to be used," said the statement.
It said that "meetings between promoters, Ticketmaster and the band's management" had resulted in an agreement to use dynamic pricing "to help keep general ticket prices down as well as reduce touting".
However, "the execution of the plan failed to meet expectations".
The price surges prompted the UK government to pledge a probe into what Culture Secretary Lisa Nandy branded the "depressing" practice.
She vowed it would be reviewed as part of the government's upcoming consultation on consumer protections in ticket sales and resales.
The row followed the announcement early last week that brothers Noel and Liam Gallagher had ended their 15-year feud and were reuniting the 1990s-founded band for a worldwide tour.
Oasis, whose hits include "Wonderwall", "Don't Look Back In Anger" and "Champagne Supernova", last played together in 2009.
B.Torres--AT