U.K. ministers plan to outlaw selling event tickets above face value and cap service fees on resale platforms as part of a sweeping crackdown on touts, The Financial Times’ Daniel Thomas and Jim Pickard report. The legislation would also make it illegal to resell more tickets than originally purchased, aiming to curb large-scale bot-driven ticket hoarding. Publicly traded companies engaged in selling event tickets include Live Nation (LYV) and StubHub (STUB).
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