The Ministry of Consumer aims to prohibit the increase in price in the resale of cultural shows inputs. This will be one of the measures included in the draft Law of Sustainable Consumption of the Ministry of Social Rights, Consumption and Agenda 2030, as confirmed by consumption sources to Eldiario.es. A draft that, if there are no last minute changes, will be presented at the Council of Ministers on Tuesday, thus initiating its parliamentary procedure.
Although currently the use of bots is already prohibited to acquire tickets of cultural shows and subsequently resell them, the reality is that it is a prohibition that is not working. Therefore, from the portfolio directed by Pablo Bustinduy, they intend, with this modification, to prevent the price of the entrance from being increased in that resale beyond the variation of the CPI from the moment of the initial purchase.
This measure seeks to attack the economic incentives that are currently in the resale to end it. That is, the purchase of mass tickets through bots and then sell it at exorbitant prices ceases to be possible. The big question is how a measure will be controlled that comes to amend a prohibition that is not met.
Consumption sources explain that they will act as with the advertising of tourist floors. The sale of tickets of cultural shows in resale that have a higher price to the regulated would convert such activity into illegal, which would cause the blockade of the web pages to be urged where the infraction was produced, and the consequent sanction for the offender.
For this, article 20 of the General Law for the Defense of Consumers and Users will be modified, to prohibit the resale from increasing the ticket price beyond the variation of the CPI from the moment of the initial purchase at the time of the following sale. After its first round approval in the Council of Ministers, it must be approved in the second round before arriving at the Congress of Deputies, where the measure would finally be approved.
Spain follows the wake of other countries in our environment such as Belgium, where since 2013 the usual resale of tickets are prohibited provided they do not have authorization from the organizer, as well as the occasional resale of tickets at a price higher than the original price.
Something similar happens in France, where in 2012 an article was introduced in the French Criminal Code that prohibits the usual resale of entries for cultural, sports or commercial events without the express authorization of the organizer or producer of the event.
According to a report by the consultant Verified Market Research, while in 2024 the estimation of the value of the resale of tickets is 1,817 million euros, by 2030 it is expected to grow up to 7,769 million. Of that figure Spain usually represents between 10% and 15%, which would mean 932.3 million euros per year in 2030. Therefore, if this measure is approved, it is believed that it will cause a part of this amount to remain in families instead of allocating it to an unproductive activity and that it does not provide added value.
Source: www.eldiario.es
