Politics
Brazil issues new rules on ticket sales for cultural events
Key Points
Brazil issues new rules on ticket sales for cultural events SAO PAULO, Aug 31 : Brazil's government issued on Monday new regulations governing ticket sales, resales and access to cultural events, requiring transparency during online purchases and prohibiting automated bulk acquisitions by bots. • President Luiz Inacio Lula da Silva signed the regulatory decrees during a ceremony. According to one rule, consumers must be informed before purchase about all fees and ticket prices charged and...
Brazil issues new rules on ticket sales for cultural events
SAO PAULO, Aug 31 : Brazil's government issued on Monday new regulations governing ticket sales, resales and access to cultural events, requiring transparency during online purchases and prohibiting automated bulk acquisitions by bots.
• President Luiz Inacio Lula da Silva signed the regulatory decrees during a ceremony.
• According to one rule, consumers must be informed before purchase about all fees and ticket prices charged and whether sales are through official or third-party channels.
• Automatic fees or charges without a corresponding service are prohibited, the government said in a social media post.
• Platforms must also implement mechanisms to prevent bots and automated systems from purchasing large quantities of tickets abusively or speculatively. No specific amount was mentioned.
• On the resale front, platforms must disclose the original ticket price, the markup charged and indicate whether the sale is by an individual or a legal entity.
• The move came amid worldwide consumer criticism of ticket platforms due to high ticket fees and alleged unfair ticket reselling practices.