Australian Prime Minister Anthony Albanese says he’ll outlaw ‘dodgy practices’ that rip off prospects.
Australia has introduced plans to ban “dynamic pricing” of tickets for concert events and sporting events following uproar over the price of high-profile occasions.
Australia’s centre-left authorities mentioned on Tuesday that it could outlaw a variety of “tough ways” utilized by companies, together with the observe of elevating ticket costs as demand will increase.
The Labor Occasion authorities’s proposed reforms would additionally goal “subscription traps” that make it troublesome to cancel a service, charges which can be hidden or added in levels, and manipulative on-line practices comparable to claiming a product can solely be purchased for a restricted time.
Australian Prime Minister Anthony Albanese mentioned the measures would cease companies from participating in “dodgy practices” to tear off prospects.
“Right this moment’s announcement places companies participating in unfair buying and selling practices on discover,” Albanese mentioned. “Hidden charges and traps are placing much more stress on the price of dwelling and it must cease.”
Treasurer Jim Chalmers mentioned most companies function pretty and would don’t have anything to fret about.
“That is all about cracking down on dodgy offers to save lots of Australians cash if we will, and the place we will,” Chalmers mentioned.
The transfer comes after Ticketmaster generated a backlash from music followers final month when it listed tickets for United States punk band Inexperienced Day’s upcoming Australian tour for as a lot as 500 Australian {dollars} ($335) every.
Ticketmaster’s “In Demand” ticket pricing system additionally sparked outrage in Eire and the UK after followers of British rock band Oasis reported ready in digital queues for tickets for hours solely to see costs surge dramatically when it got here to the second of buy.
Eight of Eire’s 14 members of the European Parliament backed requires laws to stop such practices following the uproar.
Ticketmaster, a subsidiary of Dwell Nation Leisure primarily based in Phoenix, Arizona, has defended dynamic pricing, saying it provides followers “truthful and secure entry to wanted seats at market pushed costs”.