Ticketmaster faces expanded probe by Competition Bureau - News Summed Up

Ticketmaster faces expanded probe by Competition Bureau


In a statement Wednesday, Competition Bureau spokesperson Marie-France Faucher said, “We are looking into the matter, and examining whether this type of conduct could fall within the Competition Act.”“I did reach out to the Competition Bureau to really express my concerns I’ve heard from Canadians,” said Bains in an interview. Ticketmaster, the world’s largest ticket seller with a virtual monopoly on major event seating across North America, was already in the sights of the Competition Bureau. The Star/CBC investigation triggered the class action suit from Toronto-based Sotos Class Actions — the second class action firm in the country to pursue damages on behalf of Ticketmaster customers. “The Competition Bureau or the government is likely to sanction and/or create more laws around the issues. We want fair competition and transparency.”He stopped short of promising any legislative response to the concerns, saying the government will await the Competition Bureau’s findings.


Source: thestar September 26, 2018 23:26 UTC



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