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U2 hit by internet touts: OFT vows action on ticket business.(Live)
Tickets for U2's tour appeared on internet auction sites within minutes of going on sale last Friday--just days after the Office of Fair Trading promised a crackdown on the ticket resale market.
Pairs of tickets, originally costing 60 [pounds sterling]-plus each for the June dates, were being offered for sale on eBay for up to 500 [pounds sterling], flagrantly breaching pricing rules by not advertising the face value, seat location or other information from the ticket.
The online resales have further highlighted a growing problem in the live sector of individuals using sites such as eBay to make vastly-inflated profits on tickets and come in the week that the OFT has vowed to clean up the business.
National Arenas Association chairman and Wembley Arena sales and marketing director Peter Tudor has called for tighter controls on tickets being resold on the site. "I've got no issue with someone who buys a ticket for a show and finds he can't go and then sells it for 35 [pounds sterling] or whatever the face value was," he says. "But if I go on eBay I'll find tickets for Queen going for 300 [pounds sterling] apiece. I appreciate eBay can't look at every single seller, but there needs to be tighter control finding out what the original price was and also a ...
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