The UK competition watchdog has stated it is now “satisfied” ticket-selling site StubHub has adequately addressed concerns that it could be breaking consumer law, reported Yahoo.
In January, the Competition and Markets Authority (CMA) warned that the ticket-seller could face court action unless it took actions to clean up its site.
The regulator has stated that StubHub has now made a raft of changes to its operations to address its concerns.
It stated it is now satisfied that, following evidence and a period of monitoring, StubHub UK is now sufficiently warning customers buying tickets that these “may not get them into an event.”
StubHub has also removed “inaccurate” messages about the availability of tickets on its site, the CMA stated.
The CMA also stated it is satisfied the company is now ensuring that ticket-buyers now know exactly where they will sit in a venue.
It also stated it believes the company is taking sufficient steps to ensure full addresses of its sellers are displayed.
However, the watchdog also warned that “new issues” have been reported during the COVID-19 pandemic related to secondary ticketing, such as concerns about cancellations and refunds.
Full Content: Yahoo
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI