World · Malaysia Bureau
Malaysia reviews price control laws to combat ticket scalping
The domestic trade ministry is examining legislative frameworks to address unauthorized ticket reselling. The review will include comparative analysis of regulatory approaches from other countries.
LSN Malaysia ·
Malaysia's Ministry of Domestic Trade and Cost of Living is conducting a comprehensive review of the Price Control Act to tackle the growing problem of ticket scalping, officials said.
The ministry's examination aims to identify legislative gaps that allow unauthorized resellers to exploit high-demand entertainment and sporting events. Officials are studying how current price control mechanisms function and whether additional safeguards are needed to protect consumers from inflated ticket prices.
As part of the broader investigation, the ministry is analyzing price regulation strategies implemented in other countries to determine which approaches would be most effective for Malaysia's market conditions and consumer protection framework.
The review reflects mounting concerns among Malaysian consumers and event organizers over secondary ticket market practices, where tickets are resold at significant markups through unauthorized channels. Officials have indicated that recommendations from the study could lead to legislative amendments or new regulatory measures.
No timeline has been announced for the completion of the review or potential implementation of any proposed changes to existing price control legislation.