Anti-competition concerns raised as Viagogo completes Stubhub purchase

Viagogo has acquired eBay-owned StubHub for $4.05bn, prompting fears that competition will be restricted.

FEAT, the pan-European Alliance formed to fight ticket scalping, voiced their concerns.

Katie O’Leary, it’s campaign lead, told Access: “It’s alarming to think of Viagogo potentially gaining an even greater stronghold in the secondary ticketing market given it’s been the subject of various legal actions across Europe and banned from advertising on Google globally.

“Viagogo claim this will create a ‘win-win for fans’, but further consolidation in the secondary ticketing market would most likely restrict competition, and further negatively impact fans.

“We hope that regulators will have consumers’ best interests at heart when considering this deal, and consider not only the question of Viagogo’s increased dominance but also whether they can be considered a fit and proper owner.”