Over 100% increase in ticket prices, hours after they sell out, ‘totally unfair and unacceptable' – Quinlivan
Sinn Féin TD and spokesperson on Jobs, Enterprise, and Innovation Maurice Quinlivan spoke out today for the need for ticket touting legislation to protect consumers against the practice of charging outrageous prices for tickets to entertainment events in Ireland.
The Limerick City TD said:
“The problem of ticket touting was highlighted this week after tickets for the Electric Picnic music event sold out in minutes, but appeared on ticket reselling sites immediately afterwards at huge prices.
“Weekend camping tickets for Electric Picnic, went on sale yesterday morning at a price of €246.10 including charges. Later on in the same day, tickets were still widely available on reselling sites at considerably inflated prices.
“Tickets on the Seatwave site, a Ticketmaster owned company, were selling for €474.98 for a weekend camping ticket, while the same tickets were selling for a total of €542.36 on the Viagogo site.
“This is disgraceful behaviour that is preventing genuine concert goers and sporting enthusiasts the opportunity to attend events, and this needs to be tackled. I want to close this loophole with my Sale of Tickets (Sporting and Cultural Events) Bill 2017, which aims to address this issue and has two main objectives.
“Firstly, it will protect the ordinary consumer who buys tickets in good faith, only to discover that they cannot attend the event. This Bill would ensure that they will be able to dispose of their tickets, allowing up to a 10% profit margin.
“Secondly, the Bill will act to stop those who purchase event tickets with the sole intention of reselling them at a profit. This Bill will dis-incentivise these ticket touts by means of substantial fines.