Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential implications for his policies of the effectiveness of secondary live event ticket sales price caps in other countries.
The government has announced that it will introduce new measures to end the scourge of ticket touting and put fans back at the heart of live events, including a resale price cap.
Our consultation revealed widespread support for a price cap from fans, industry and consumer groups. After thorough consultation, we intend to draw on all the evidence we have gathered – including insights on international comparisons – to prepare legislation that is targeted and effective.
We will legislate when Parliamentary time allows, and an impact assessment, including an assessment of economic impacts, will be published when legislation is introduced to Parliament.