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Lord Frost (Con)

Speaking in the House of Lords on 16 January 2025

Debate

Live Events Ticketing: Resale and Pricing Practices

Contribution

My Lords, I am going to break the cosy consensus here. The Conservative Party always used to be, and perhaps still is, the party of markets and economic freedom, so I am going to say what I think a lot of Conservatives might still think, which is, I am afraid, that this is a silly idea and the price of a sporting event or a Taylor Swift concert is nothing to do with the Government and can safely be left to the market. Does the Minister agree—I suspect she does not, but I will ask her anyway—that the best way of avoiding the problems we have been discussing is to deregulate, legitimise secondary markets and allow individuals who want to participate in cultural events to decide how much they want to pay for them and get access to them accordingly?

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