This follows the reselling of tickets for the upcoming Coldplay concert, reported to be as high as RM43,000.

Communications and digital minister Fahmi Fadzil said the proposed law will cover all aspects involving mass ticket purchases.

“For the time being, Malaysia does not have legislation that can deal with ticket touts.

“Therefore, we will be discussing with other ministries as well, to see whether a law is needed to prevent instances of ‘scalping’ or ticket touts in future events or concerts,” Fahmi told a press conference in Parliament today.

He said the government will look to countries like the US and Australia, which have experienced similar issues and enacted laws to prevent them.

“We will see if the laws were successful and gauge their suitability (to be implemented) here,” he said.

Fahmi also said the process of enacting the new law will only begin after the probe into the reselling of Coldplay’s concerts concludes, adding that this would give the government a clearer picture of the issue.

On May 18, Fahmi had said he will discuss the issue of scalpers reselling tickets for the British rock band’s concert here with his counterpart at the domestic trade and cost of living ministry, Salahuddin Ayub.

In a tweet, Fahmi shared a screenshot from a news report which stated that Coldplay tickets were being resold for up to RM43,000.

Fans of Coldplay vented their frustrations on Fahmi’s Twitter page after they were unable to purchase tickets for the concert at the Bukit Jalil National Stadium on Nov 22.

Meanwhile, media outlets have reported that ticket marketplace Viagogo is selling Category 2 tickets, which were originally priced at RM228, for RM1,749 – almost eight times the original price.

Salahuddin said today his ministry has received 28 unofficial complaints on Coldplay concert tickets being resold on various social media platforms.

He urged fans to lodge an official complaint with the ministry if they believe they have been scammed.