Ticketmaster UK -Chef tells MPs are very righteous

The head of Ticketmaster UK has told MPS tickets is “very right prices”.

Andrew Parsons performed for the committee for business and trade choices after fans threw his company’s “dynamic pricing” of the OASIS gene association tickets last summer.

The company did not set ticket prices that were decided prior to the sale, he said.

“How different price levels (s) are made available, it is a choice of the event organizer. Selling a small amount of tickets to a higher price level seems pretty reasonable.”

Many fans said they had paid significantly more than expected for tickets to see OASIS – up to £ 350 per day. Ticket, approx. £ 200 more than announced.

But Mr. Parsons refused prices swung during a general sale.

“We work closely with organizers of events to be able to sell tickets at the prices they have decided,” he told the committee.

“There is no technology -driven change of these prices.

“These are the prices that people have agreed.

“There’s not a computer or a bot behind it.”

The band itself had also knocked out on the system and said, “It must be made clear that Oasis is leaving decisions on ticketing and pricing all the way to their promoters and control.”

But Mr. Parsons said to the committee, “If we are unable to (catch) the value that the artist does in these cases, then the money will just go and the tickets will be caught and gobbed by touts.”

MPs did not ask about OASIS sales specifically as The competitions and the market authority (CMA) examines whether Ticketmaster violated the Consumer Protection Act.

Ticketmaster’s parent company, Live Nation, is the world’s largest live -event promoter.

And Charlie Maynard MP urged CMA, also represented during the consultation, to start a separate study of Live Nation’s “dominant market share”.

But Mr. Parsons told the Ticketmaster and Live Nation committee “have clear separations between how we work on a daily basis” and the British ticket market was “as competitive as any market in the world”.

Ticketmaster UK also commented on the government’s public consultation, which has proposed a number of actions, including a cap of up to 30% on resale of tickets.

Mr. Parsons said the company was for a cap, but that “30% still allow for being able to run a business that way”.

Culture Secretary Lisa Nandy announced plans last month to strike down on touts, who bulk-buy tickets and then resell them for huge profits.