Dynamic pricing is not illegal, but the Competition and Markets Authority (CMA) said it would look at whether Ticketmaster breached consumer protection laws by not giving people clear information about how tickets would be priced. The regulator has set up a website for Oasis fans to share their experiences. It is also likely to talk … Read more
Following growing criticism from Oasis fans, the government said it would step in and investigate the controversial practice, Culture Secretary Lisa Nandy announced. In a statement, Nandy said it was “depressing to see vastly inflated prices excluding ordinary fans,” and wanted to end “rip-off resales” and ensure that tickets are sold “at fair prices.” She … Read more
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The Commission will supervise the so-called very large online platform under threat of various regulatory curbs and potential fines of up to 6 percent of Shein’s global annual revenue. It joins more than 20 major platforms such as AliExpress, TikTok and Amazon that have already been designated as very large online platforms. Chinese e-commerce platform Temu … Read more
