AEG and its ticketing partner AXS have launched a price-capped resale platform at AEG-owned venues The O2 and SSE Arena, Wembley, effectively halting the activities of touts.

AXS launched its capped secondary platform in June, which it initially called AXS Marketplace.

What is now called AXS Official Resale and Flash Mobile Delivery will prevent the resale of tickets for a profit, with tickets being capped at 10 per cent above face value.

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Image: AEG Worldwide