No rules broken if ‘accurate price is displayed’ at point of purchase, says competition body after 400% rise in concert ticket prices
Businesses “are allowed to adjust their prices in response to demand or other factors, once an accurate price is displayed to the consumer in advance of the sale so they can decide if they want to proceed,” a spokeswoman for the commission said.
“We have the competition and consumer authority and I think there is a role there for it, which is the body designated to do these things, to investigate this. “There is still time for redemption I would hope and I would hope all of those organising this could reflect on what has transpired because certainly there are a lot of disappointed people out there from the perspective of what they would see as price gouging,” Mr Martin said.
The dramatic price jumps sparked outrage among many fans who had waited in virtual queues for hours only to be faced with the choice of paying far more than planned or miss the opportunity to see Noel and Liam Gallagher to perform as Oasis for the first time in more than 15 years. “I think Ticketmaster’s ‘in-demand’ pricing structure certainly needs investigating in this context. Every ticket for these gigs was always going to be ‘in-demand’ so slapping an extra label and €300 on some standing tickets is just extortionate.”The Irish Times, the CCPC played down the prospect of any investigation and said that under consumer law in Ireland, people only have to be “clearly informed of the full price of a product, including fees, before they buy”.
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