Via the Mail
The ticketing approach was condemned today by the Chartered Trading Standards Institute, who told how one of their members queued for five hours before being charged £348 for a standing ticket at Wembley when he had expected to pay £151.
Sylvia Rook, the institute's lead officer for fair trading, said: 'Whilst dynamic pricing is an accepted practice for holidays, flights and taxis, the difference here is that consumers are informed of the price before they decide to make a purchase/
In this case, the public were given a price for tickets, and were not informed until they finally got to the front of the queue, that the price had increased.
'This undoubtedly meant that many consumers have overreached and ended up spending much more than they originally intended. Many other consumers ended up disappointed after deciding not to proceed to pay the vastly increased prices.
'It is a breach of the Consumer Protection from Unfair Trading Regulations 2008 if a trader misleads consumers regarding the price of goods and services, if that causes the average consumer to take a different "transactional decision".
'In this case many consumers would not have joined the queue had they known that the price would have increased by the time they were able to purchase, and many fans could not afford the increased price.'
Other international dates are still to be announced, but the PA news agency reported this afternoon that no more UK shows are expected to be added to their tour.
Following the ticket furore, the Advertising Standards Authority has received 450 complaints about Ticketmaster adverts for the Oasis gigs.
A spokesperson for the UK's regulator of advertising said the complainants argue that the adverts made 'misleading claims about availability and pricing'
They added: 'We're carefully assessing these complaints and, as such, can't comment any further at this time.
'To emphasise, we are not currently investigating these ads.'
The same article also mentioned that the government was about to already look at the ticket resale market.
So I don't think this is going away just yet. There potentially legal issues with trading standards and the advertising standards authority as well as a general concern from government about ticket pricing and resale.
I think there's going to be fall out ...