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Viagogo takeover of StubHub: music industry calls for watchdog to intervene

Managers of PJ Harvey, Mumford & Sons and others warn deal would hand firm monopoly in UK ticket resale

The UK competition watchdog should intervene in the $4bn (£3.1bn) takeover of ticket resale website StubHub by its controversial rival Viagogo, according to the managers of artists including PJ Harvey, Little Mix and Mumford & Sons.

In a letter to the Competition and Markets Authority (CMA), music industry group FanFair Alliance – which includes the managers of a host of top-selling acts – warned the deal would hand Viagogo a monopoly in UK ticket resale, with “significant and damaging implications” for the live music industry.

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from Culture | The Guardian https://ift.tt/2R0IVrP

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