-
Iranians mark Eid as Trump mulls winding down war
-
Matisse's last years cut out -- but not pasted -- at Paris expo
-
BTS fans take over central Seoul for K-pop kings' comeback
-
Star jockey McDonald becomes horse racing's most prolific Group 1 winner
-
Israel strikes Tehran, Beirut as Trump mulls 'winding down' war
-
Pistons top Warriors to clinch NBA playoff berth
-
Tickets to toothbrushes: BTS's money-making machine
-
Top-ranked Alcaraz, Sabalenka win Miami openers
-
After Cuba beckons, Miami entrepreneurs are mostly reluctant to invest in the island
-
Peru's crowded presidential race zeroes in on organized crime
-
Taiwan's Lin to compete in first international event since Paris gender row
-
BTS takes over central Seoul for comeback concert
-
Jury signals tech titans on hook for social media addiction
-
Brumbies mark Slipper record in thriller against Chiefs
-
US jury finds Elon Musk misled Twitter shareholders
-
Gauff rallies to avance at Miami Open
-
WNBA, players union confirm agreement on 'groundbreaking' labor deal
-
Carrick 'baffled' by inconsistent penalty calls as Man Utd held
-
Trump says considering 'winding down' Iran war but rules out ceasefire
-
Trump mulls 'winding down' Iran war
-
Man Utd held by Bournemouth after Maguire sees red
-
Lens go top of Ligue 1 with handsome Angers win
-
Leipzig pummel Hoffenheim to climb to third
-
Quinn ousts 11th seed Ruud at rain-hit Miami Open
-
Rap group Kneecap says crisis-hit Cuba being 'strangled'
-
Anthony, Jackson nail US double at world indoors
-
Zarco seizes his moment as rain disrupts Brazil MotoGP practice
-
US newcomer Anthony crowned world indoor sprint king
-
Stocks drop, oil jumps as Mideast war persists
-
Trump rules out Iran truce as more Marines head to Middle East
-
Costa Rican ex-security minister extradited to US for drug trafficking
-
Trump slams NATO 'cowards' as more Marines head to Middle East
-
Gulf's decades-long strategy of sporting investment rocked by Mideast war
-
Souped-up VPNs play 'cat and mouse' game with Iran censors
-
Attacked Russian tanker drifting toward Libya: Italian authorities
-
Coroner 'not satisfied' boxer Hatton intended to take own life
-
Stocks drop, as oil rises as Mideast war persists
-
Vanishing glacier on Germany's highest peak prompts ski lift demolition
-
Chuck Norris, roundhouse-kicking action star, dead at 86: family
-
Supreme leader says Iran dealt enemies 'dizzying blow'
-
Arsenal must 'attack trophy' in League Cup final, says Arteta
-
Audi team principal Wheatley in shock exit after two races
-
Spurs boss Tudor hopes for 'nice surprises' in relegation fight
-
Arsenal must prove they are winners in League Cup final, says Arteta
-
Record-breaking heat wave grips western US
-
Liverpool showdown brings back 'beautiful memories' for PSG coach Luis Enrique
-
IRA bomb victims drop civil court claim against Gerry Adams
-
Ntamack returns for Toulouse to face France rival Jalibert
-
Trump calls NATO allies 'cowards' over Iran
-
French jihadist jailed for life for Islamic State crimes against Yazidis
UK to probe Ticketmaster over Oasis ticket prices
The UK's competition watchdog said Thursday it has launched an investigation into Ticketmaster over how it handled ticket sales for next year's sold-out Oasis reunion tour.
The scramble on Saturday for prized tickets for 17 announced concerts in July and August, 2025, saw sudden big price hikes -- known as dynamic pricing -- which infuriated fans.
The band has since scheduled two more dates, in September next year.
"We are working at pace to establish the precise factual background to the sale of Oasis tickets on 31 August, and we are keeping open all potential options for action," the Competition and Markets Authority (CMA) told the government in a letter.
"This includes potential enforcement action where we see evidence of possible breaches of consumer protection law," it added.
Dynamic pricing, where a business adjusts its prices according to changing market conditions, is not in itself unlawful, the CMA noted.
But "where businesses use dynamic pricing or other complex pricing systems, they must not mislead customers about their prices, and must be transparent about how prices are set", it said.
The practice is used across a range of sectors and has been facilitated by the development of AI and other digital tools.
"In certain contexts, it can affect consumers' trust in markets, and their ability to get good deals," the watchdog added.
"Reflecting this, we are exploring any broader competition and consumer issues raised by dynamic pricing, and we look forward to engaging with your officials as our thinking in this area develops."
- Oasis deny responsibility -
Oasis are now set to play six concerts at London's Wembley Stadium next year, as well as 13 other dates in Cardiff, Edinburgh, Manchester and the Irish capital Dublin.
The band released a statement on Wednesday evening denying they were behind the dynamic pricing.
"It needs to be made clear that Oasis leave decisions on ticketing and pricing entirely to their promoters and management, and at no time had any awareness that dynamic pricing was going to be used," said the statement.
It said that "meetings between promoters, Ticketmaster and the band's management" had resulted in an agreement to use dynamic pricing "to help keep general ticket prices down as well as reduce touting".
However, "the execution of the plan failed to meet expectations".
The price surges prompted the UK government to pledge a probe into what Culture Secretary Lisa Nandy branded the "depressing" practice.
She vowed it would be reviewed as part of the government's upcoming consultation on consumer protections in ticket sales and resales.
The row followed the announcement early last week that brothers Noel and Liam Gallagher had ended their 15-year feud and were reuniting the 1990s-founded band for a worldwide tour.
Oasis, whose hits include "Wonderwall", "Don't Look Back In Anger" and "Champagne Supernova", last played together in 2009.
H.Weber--VB