Secondary ticketing firm Viagogo is under pressure again, this time in Italy, where communications regulator AGCOM has fined the company €23.6m (around $25m).
The fine is the result of an investigation into inflated concert ticket prices on Viagogo, with 131 events from artists including Sting, Måneskin, Green Day, Dua Lipa and Andrea Bocelli among those considered by the regulator.
Anti-touting organisation FEAT has welcomed the news.
“This is a substantial fine for viagogo, and a clear requirement to remove illegal listings within seven days. What is especially encouraging is the extensive investigation carried out by Italy’s financial crime enforcement agency working closely with the Italian regulator AGCOM,” said director Sam Shemtob.
“Legislation across Europe – at both a national and EU basis – is catching up with ticket scalping.”
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