Last week, when the Committee of Public Accounts met with the Competition and Consumer Protection Commission, CCPC, I raised the issue of dynamic pricing online and how it impacts the consumer. I highlighted how people go online with the intention of buying at one price but when dynamic pricing kicks in, consumers are quickly in the impulse buying position at a significantly higher price than that originally viewed. Over the weekend, we learned of the liquidation of the country's second biggest selling platform, Tickets.ie. This has dramatically impacted the people running these events, with potentially devastating financial losses, and the full knock-on impact of this liquidation is as yet unknown. Serious questions remain over the online ticketing industry and what safeguards we can put in place for promoters and consumers. It seems online ticketing is now the wild west of retailing. Will the Government examine what steps we can take to protect the consumer and local event organisers?
Sentiment score: 0.11