A bill aimed at banning ticket sellers from raising prices while buyers wait online is set for debate in the House of Commons this week.
The Sale of Tickets (Sporting and Cultural Events) Bill, introduced by Labour MP Rupa Huq, follows backlash over the Oasis reunion tour, where fans were charged significantly more due to "dynamic pricing."
Huq is pushing for legal changes to increase transparency and protect fans from overpaying.
According to the proposed law, seen by ITV News, it would be illegal to sell tickets for sporting or cultural events without disclosing the price and ticket availability to those waiting in online queues.
Additionally, tickets must display the original sale price. Failure to comply, including by ticketing businesses, would result in fines and possible convictions.
Huq also emphasized that ticket sellers must provide real-time updates on ticket availability, types, and prices for online buyers.
"As they reduce, that updates in real time, and the price," she said.
"So you can leave the queue whenever you want because there was enormous pressure on people [Oasis fans] - they felt after they've invested so much time in it, it was a bit of a gun to the head situation.
"They felt they had to buy it. And then, you know, buyers remorse afterwards maybe at the price it's got to."
"You wouldn't take a can of beans off the shelf in the supermarket and then by the time you've got to the till it's doubled, tripled, gone five times the price, so it's just a consumer fairness measure for transparency," added the MP for Ealing Central and Acton.
Huq, who said she watched Oasis live in the 1990s, told the Commons last week that since introducing the private members' bill, she's been "deluged with suggestions and support worldwide from people not wanting another Oasis-style ticket scandal".
Fans of the iconic Britpop band were left reeling when they were charged more than double the advertised price for tickets after waiting hours in an online Ticketmaster queue.
Many who joined the queue with hopes of getting their hands on the coveted tickets did so believing they'd be charged £148 for a standard ticket, but when they got through to the payment page they were shocked to discover the price had risen to £355.
Consumer watchdog Which? has urged Oasis and Ticketmaster to refund fans hit by inflated costs, saying it has seen evidence proving fans were not shown a warning message that prices would increase during the sale.
Ticketmaster said "all ticket prices are set by the tour" but Oasis said they weren't aware that dynamic pricing - when prices fluctuate based on demand - was going to be used.
The government and the UK’s competition watchdog has pledged to look into ticket resales and dynamic pricing - but ministers have also acknowledged that the practice can be beneficial when it provides cheaper early bird tickets.
Culture Secretary Lisa Nandy has said this issue is "incredibly important to fans up and down the country".
"We have announced a consultation in order to put fans back at the heart of the way ticketing is done in this country," she told Huq in the Commons last week.
"The consultation will consider how best to do this, not whether to do it, and we'll be announcing more about this imminently."