Eventim’s TicketOne fined for anti-competitive behaviour
CTS Eventim will appeal after being slapped with a €10m fine over an alleged illegal strategy to prevent rival companies obtaining tickets
News By IQ | 19 January 2021
TicketOne, the market-leading primary ticket agency in Italy, has been fined €10 million by the Italian Competition Authority for alleged abuses of its dominant market position.
The latest judgment follows an investigation by the authority into TicketOne’s parent company, CTS Eventim, that first became public in 2019, when a handful of Italian promoters, led by Zed Entertainment’s Valeria Arzenton, alleged unfair competition on the part of Eventim-owned Friends and Partners (F&P).
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Arzenton accused CTS Eventim/F&P…