Government price cap on ticket resale could backfire, research warns
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Ticket resale price cap could cost UK economy over £180m, says research
New analysis from the Centre for Economics and Business Research (Cebr) has suggested that a possible price cap on resale tickets for live events in the UK could cost the economy up to £183m (€217m/$243m), should 25% of those who currently utilise resale platforms choose to not attend nor resell. The report from independent consultancy Cebr highlights that a cap on ticket resale prices could reduce the number of tickets resold through regulated …
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