Ticketmaster UK to Face Legal Action Over Ticket Reselling

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Ticketmaster UK is facing legal action over allegations that it has been allowing touts to resell tickets for huge profits on its website.

The Competition and Markets Authority (CMA) is investigating the company

The Competition and Markets Authority (CMA) is investigating the company over concerns that it is breaking consumer law by failing to take reasonable steps to prevent touts from using its platform to resell tickets at inflated prices.

The CMA has the power to impose fines of up to 10% of a company's turnover

The CMA has the power to impose fines of up to 10% of a company's turnover if it finds that it has broken the law.

Ticketmaster has denied any wrongdoing

Ticketmaster has denied any wrongdoing, and said that it has a number of measures in place to prevent touts from using its website.

The CMA's investigation is ongoing

The CMA's investigation is ongoing, and it is not yet clear when it will be concluded.

Ticketmaster is one of the world's largest ticket sellers

Ticketmaster is one of the world's largest ticket sellers, and it operates in over 30 countries.

The company has been criticized in the past for its high fees

The company has been criticized in the past for its high fees, and it has been accused of anti-competitive behavior.

The CMA's investigation is a significant development

The CMA's investigation is a significant development, and it could have a major impact on the way that tickets are sold in the UK.