The Conservative Party always used to be, and perhaps still is, the party of markets and economic freedom, so I am going to say what I think a lot of Conservatives might still think, which is, I am afraid, that this is a silly idea and the price of a sporting event or a Taylor Swift concert is nothing to do with the Government and can safely be left to the market.
Stopping greedy Taylor Swift touts isn't a Tory thing to do, fumes ex-minister A top Tory has blasted plans to stop online touts ripping off music fans - saying a resale ticket cap is a "silly idea".
"Does the minister agree - I suspect she does not, but I will ask her anyway - that the best way of avoiding the problems we have been discussing is to deregulate, legitimise secondary markets and allow individuals who want to participate in cultural events to decide how much they want to pay for them and get access to them accordingly?
Lord David Frost said rocketing prices of Taylor Swift tickets are "nothing to do with the Government".
MPs previously heard three tickets for a Taylor Swift show last year summer up for £72,000 on a resale site.
