CTS exclusive ban confirmed…as market cap tops €4bn
CTS Eventim must amend or terminate its exclusivity deals with promoters to free up at least 20% of ticket inventory, says the Bundeskartellamt competition watchdog
News By IQ | 29 January 2018
Germany’s Federal Cartel Office has published details of its controversial ruling banning CTS Eventim’s exclusivity agreements with promoters and box offices, mandating that at least 20% of ticket inventory from the company’s partners be available to other ticket sellers.
The decision, which can be read (in German) on the Bundeskartellamt website, gives formerly Eventim-exclusive promoters the option of allocating at least 20% of their annual ticket inventory to other ticket agencies, providing the term of their agreement is more…
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