Brazil issues new rules on ticket sales for cultural events

SAO PAULO, Aug ‌31 (Reuters) - Brazil's ​government ​issued on Monday new regulations governing ticket sales, resales and ‌access to cultural events, requiring transparency during ⁠online purchases and prohibiting automated bulk acquisitions ‌by bots.

• President Luiz ‌Inacio Lula da Silva signed the regulatory decrees during a ceremony.

• According to ​one rule, consumers must be informed before purchase about all fees and ⁠ticket prices charged and whether sales are through official or ​third-party channels.

• Automatic fees or charges without a corresponding service are prohibited, ​the government said in ‌a social media post.

• Platforms must also implement mechanisms to ⁠prevent bots and automated systems from purchasing large quantities of tickets abusively or speculatively. ⁠No specific amount was mentioned.

• On the resale front, ​platforms must disclose the original ticket price, the markup charged and indicate whether the sale is ‌by an individual or a legal entity.

• The move came ‌amid worldwide consumer criticism of ticket platforms ⁠due to high ‌ticket fees and ​alleged unfair ticket reselling practices.

(Reporting by Fernando Cardoso; Editing by Kylie ‌Madry)

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