In February, the UK’s competition watchdog ordered a stop to any integration between Viagogo and StubHub until it completes its investigation into the operators’ proposed merger.
The Competition and Markets Authority (CMA) served an initial enforcement order to the two secondary ticketing companies over suspicions that they had already begun to merge.
Just two days after the announcement by the CMA, StubHub’s parent company eBay completed the sale of the secondary ticketing provider to Viagogo for $4.05bn in cash.
The month also saw organisers of the 2020 Tokyo Olympic and Paralympic Games attempt to assure ticket holders that the event will go ahead as planned despite “serious concerns” over the spread of coronavirus.
February also saw full or partial refunds on tickets for the marathon and race walking events at the 2020 Tokyo Olympics offered after the events were relocated to Sapporo due to concerns over the heat in the Japanese host city in August.
TEG, which owns ticketing firm Ticketek, acquired Australia-headquartered promoter Van Egmond Group to add it to its integrated entertainment offering.
Van Egmond Group promoted record breaking tours with Dire Straits’ Brothers in Arms Tour, Jesus Christ Superstar’s Arena Tour, Riverdance’s The Show and AC/DC’s Black Ice Tour.
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