Viagogo loses court appeal against $4.5m fine in Italy - Mus

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).

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