My Lords, it is an honour to speak for the final time on the Bill. Noble Lords will be aware that we have one issue remaining, relating to secondary ticketing.
Lords Amendment 104B tabled by my noble friend Lord Moynihan would introduce additional regulatory requirements on resale sites. The Government’s position remains that this amendment adds new regulation without a clear purpose; this is because the consumer protection it seeks is already covered by existing law. There are important consumer protection issues in the secondary ticketing market, but simply adding new rules and regulations which add little to what is already there is not the answer. This is not a problem with the
rules; it is about strengthening their enforcement. Already, this House has radically strengthened the CMA’s enforcement powers through Part 3 of the Bill. The strengthening applies to all consumer law, including secondary ticketing.
However, the Government have listened to the strength of feeling in both Houses on the issue of secondary ticketing. As such, the Minister for Enterprise, Markets and Small Business tabled government Amendments 104C and 104D in another place further to strengthen these enforcement powers, first, to enforce existing rules we have against unfair buying-up of tickets with electronic bots and, secondly, to enforce existing rules on information that platforms and resellers must present to consumers. This is in addition to the Government’s previous commitment to review the primary and secondary ticketing markets. Taken together, the new enforcement powers for the CMA and the upcoming government review represent a very clear strengthening of consumer protections. I hope noble Lords appreciate the steps the Government have taken on this issue and, as such, will not insist on their amendment.