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Stock impact report

UK government to ban above-face value ticket reselling [CNBC]

Live Nation Entertainment, Inc. (LYV) 
Last live nation entertainment, inc. earnings: 10/31 04:01 pm Check Earnings Report
Company Research Source: CNBC
The nation's Labor Party is making good on a promise to curb bots and bulk buyers as part of consumer protection measures it campaigned on, with Prime Minister Keir Starmer facing additional pressure in recent days from popular artists including Dua Lipa and Coldplay. Shares of StubHub sank. Live Nation, which owns Ticketmaster and is facing a lawsuit from the FTC in the U.S. over ticket resale practices, said it fully supports the U.K. government plan. Dua Lipa performs during a concert as part of the “Radical Optimism Tour” at Estadio Mas Monumental Antonio Vespucio Liberti on Nov. 8, 2025 in Buenos Aires, Argentina. Tomas Cuesta | Getty Images The U.K. government is set to ban the resale of live-event tickets for above face value on Wednesday. The move covers concerts, major sports, and theater, according to multiple British press reports. The move was not a surprise, as the country's Labor Party under Prime Minister Keir Starmer had signaled earlier support for a crackd Show less Read more
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