The Competition and Markets Authority has launched an investigation into ticket resale sites after thousands of BTS fans were left out of pocket and locked out of the group's London shows. The scam, which has cost fans an estimated £2 million, involved fake tickets sold on secondary platforms at inflated prices. 'The ARMY has been hit hard,' said a CMA insider.
'This is a new low for the resale market.' The watchdog is now looking at whether platforms did enough to verify sellers. A government source says new legislation is 'on the table.
' The Music Venue Trust is calling for a cap on resale prices. But the real game here is political: with an election looming, Labour wants to be seen as the champion of the young and ripped-off. The Tories are scrambling to respond.
One backbencher told me: 'This is a vote-winner for anyone who takes it on.' The question is who moves first.
