Oireachtas Joint and Select Committees

Tuesday, 22 May 2018

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Sale of Tickets (Sporting and Cultural Events) Bill 2017: Discussion

4:00 pm

Photo of Aidan DavittAidan Davitt (Fianna Fail) | Oireachtas source

I have been listening quite intently. Maybe my grasp of this is not entirely correct but I appreciate what Mr. Cox says about how the departmental officials are not enforcers and it is a funny type of market, as we have alluded to. I am curious about Ticketmaster. It knows it had 100,000 inquiries or whatever else. It is a nominal figure. Even if it is a nominal figure for a concert in Croke Park which is 90,000 people or whatever it is facilitating there. If it knows that 100,000 people will be interested in the tickets - this is the key point I am trying to grasp and I think I know the answer already - within the first five minutes, is Ticketmaster with its sister companies commanding 40% or 50% of these tickets and putting them onto the secondary market immediately? Is that happening? Are these guys doing this or are they meant to be appearing from somewhere else such as from secondary people? Is this a common practice when it knows there will be a massive demand for something? Is my understanding right or not?

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