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Ticketmaster has issued a statement after it was announced that the Government is planning to introduce a cap on resale tickets.

It has been reported that the Government is set to announce plans this week to outlaw the resale of tickets to concerts and shows for profit. The legislation will also put a cap on service fees charged by resale platforms.

The news comes after many Oasis fans trying to get tickets for their 2025 reunion tour faced dynamic pricing - where ticket prices were inflated beyond the initial advertised price - as well as a number of service costs and booking fees.

Earlier today, it was also announced that a series of investigations have been opened into eight companies, including ticket resellers, by the UK's competition regulator as part of a revie

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