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PREVIOUSLY: Ticketmaster is set to face some tough questions in the U.K. after thousands of Oasis fans were left disappointed having failed to secure tickets through the site for the band’s long ...
“It is widely accepted that dynamic pricing remains a useful tool to combat ticket touting and keep prices for a significant portion of fans lower than the market rate and thus more affordable ...
Ticketmaster has defended its dynamic pricing system, saying it did not set any of the ticket prices. The US-owned firm, which is the biggest ticket retailer in the world, says the system is in ...
The dynamic pricing system used by Ticketmaster is something artists could choose to opt into, with artists such as Robert Smith of The Cure highlighting this in 2023. [133] On 5 September 2024 the UK Competition and Markets Authority (CMA) announced it was launching an investigation into Ticketmaster over Oasis concert ticket sales. The CMA ...
Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, and variable pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands. It usually entails raising prices during periods of peak demand and lowering prices during ...
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Dice (stylized as DICE) is a ticketing software company based in London, United Kingdom. [1] Its web and mobile technology products enable users (often referred to by the company as fans) [2] to search, browse and buy tickets to all kinds of live events, including concerts, festivals, comedy shows and other types of performances or talks.
Oasis fans are upset over Ticketmaster's "in-demand" pricing for the band's reunion tour. Surge pricing is a trend across industries, including ridesharing, restaurants, and theaters.