Watchdog orders ticket resale firm to sell StubHub’s non-North American operations to protect consumers
Ticket resale website Viagogo has months to sell StubHub’s operations outside North America, after the UK competition watchdog ordered it to unravel large swathes of a $4bn (£2.9bn) takeover that shook the world of live events.
The Competition and Markets Authority said combining two businesses with 90% of the UK’s market for concert, theatre and sports ticket resale would have reduced competition, potentially leading to higher fees and worse service for consumers.
