Want to create an interactive transcript for this episode?
Podcast: レアジョブ英会話 Daily News Article Podcast
Episode: Ticketmaster’s pricing for Oasis tickets is under investigation in the UK
Description: The U.K.'s competition watchdog has launched an investigation into the way more than one million tickets were sold for next year's reunion concerts by iconic 1990s Britpop band Oasis.
In a statement, the Competition and Markets Authority (CMA) said its investigation into Live Nation Entertainment's unit Ticketmaster will look specifically at "dynamic pricing," whereby prices can vary rapidly in light of changing market conditions.
It is a pricing strategy used for in-flight sales and home food deliveries, where demand levels can fluctuate and lead to surging prices while also sometimes leading to lower prices. It is a more...