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Italian court upholds €3 7 million viagogo fine for ticket touting, rules it is not a passive hosting provider
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Music Business Worldwide
April 23, 2021
Eric Baker, Viagogo founder and CEO
An Italian court has rejected an appeal from Switzerland-based secondary ticket seller viagogo against a €3.7 million (approximately $4.5m) fine for hosting tickets sold in contravention of Italian law.
The judgment, which was handed down by the Regional Administrative Court of Lazio earlier this month, upholds a 2020 ruling brought by Italian Communications Regulatory Authority AGCOM sanctioning viagogo for listing tickets to 37 events at above face value between March and July 2019.
Today’s news marks the latest blow globally for viagogo, following February’s news that the company is being forced to sell all of StubHub’s business outside North America due to competition concerns identified by the UK’s Competition and Markets Authority (CMA).
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Compass Lexecon Launches Competition Policy Practice in Milan
FTI Consulting, Inc.February 1, 2021 GMT
MILAN, Italy, Feb. 01, 2021 (GLOBE NEWSWIRE) Compass Lexecon, a subsidiary of FTI Consulting, Inc. (NYSE: FCN), has announced the opening of an office in Milan, Italy.
Compass Lexecon’s 280-strong team in Europe, the Middle East and Africa (“EMEA”), which includes 29 Italian economists across its European offices, has advised Italian corporations and law firms in complex competition policy and regulatory matters for over 10 years, both in Italy and in Europe.
In addition to cases in Brussels and Luxembourg, Compass Lexecon has advised clients before Italian regulators, including the Italian Competition Authority (“AGCM”), Italian Regulatory Authority for Energy, Networks and Environment (“ARERA”), and Italian Communications Regulatory Authority (“AGCOM”), and cour
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