September 19, 2017
SEC-OGC OPINION NO. 12-17
RE: RETAIL TRADE; TICKETING ACTIVITY
Quisumbing Torres
12/F Net One Center
26th Street corner 3rd Avenue
Crescent Park West
Bonifacio Global City
Taguig City, Philippines
Attention: Atty. Elizabeth B. Opeña; Atty. Ramon Miguel E. Bacani
Gentlemen :
This refers to your letter dated 02 March 2017 requesting for confirmation from the Commission that the ticketing activity described in the letter does not constitute "retail trade" under Republic Act No. 8762, otherwise known as Retail Trade Liberalization Act of 2000 (RTLA).
In your letter, you stated that a domestic corporation (Phil Co) is engaged in providing ticketing services to venues across Manila through a variety of sales channels that includes venue box offices, physical outlets in shopping malls (or similar channels, some of which Phil Co owns) and on line (Ticketing Activity). It also sells ticket printers and paper ticket stock as well as providing support services to other unrelated ticketing companies in the Philippines.
You disclosed that Phil Co essentially sells tickets on behalf of event producers and venue owners, to the general public to events such as musical performances,...