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Italian court upholds €3 7m Viagogo fine for ticket touting

An Italian court has upheld a €3.7 million fine against secondary ticketing platform Viagogo for selling tickets above face value, or ticket touting . The judgment handed down from the Regional Administrative Court of Lazio upholds a 2020 ruling from the Italian Communications Regulatory Authority AGCOM, which levied the major fine against Viagogo for listing tickets to at least 37 events at above face value between March and July of 2019. Under Italy s 2017 Budget law, event tickets must be sold by authorised ticket providers. Consumers, however, are able to sell unwanted tickets for a price that is equal to or less than a ticket s face value.

Viagogo loses court appeal against $4 5m fine in Italy - Music Business Worldwide

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).

Compass Lexecon Launches Competition Policy Practice in Milan

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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