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FYI

Ticketmaster Draws Scrutiny From Competition Bureau

The federal Competition Bureau is expanding its investigation into Ticketmaster to include the company’s secret scalping program revealed in a Toronto Star/CBC undercover investigation.

Ticketmaster Draws Scrutiny From Competition Bureau

By External Source

The federal Competition Bureau is expanding its investigation into Ticketmaster to include the company’s secret scalping program revealed in a Toronto Star/CBC undercover investigation — amid new calls for accountability from politicians, music and sports fans across the continent.


Meanwhile, a Toronto law firm has launched a $250-million class action suit against Ticketmaster Canada, alleging the company’s practices engaged in “false or misleading misrepresentations” that violate the Competition Act.

Robert Cribb and Marco Chown Oved report in detail on the scandal that is becoming more cumbersome by the day for the ticketing giant. The investigative team’s story can be read in full on The Star web page here.

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Business News

Ontario Raises Maximum Penalty for Illegal Ticket Resale to $25,000

Ontario Premier Doug Ford calls the move a "massive win" for fans in Ontario, after imposing a ban on the resale of tickets above face value in April.

The Ontario government is once again cracking down on the ticket resale market.

The Ford government has announced that it will be raising the maximum penalty for reselling tickets above face value from $10,000 to $25,000, more than doubling the fine. The change is meant to discourage businesses and individuals from violating recent legislation in the province that caps ticket resale at face value and will take effect on June 10, just ahead of the FIFA World Cup's arrival in Toronto.

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