Bestival is one of more than 50 companies and groups which have signed up to the Fair Ticketing Charter from the Association of Independent Festivals (AIF).
The charter claims secondary ticketing sellers legitimise touting and calls for them to cease operation and for consumers to boycott resellers.
Womad, Secret Garden Party and band Radiohead are among those who have signed up to the charter, which brands the secondary ticketing market as "bad for fans and bad for live entertainment".
It states: "Ticket touting means real fans are deprived of the opportunity to attend events and see artists they love while speculators cash in. We believe there are strong arguments for legislation to curb the activities of unofficial ticket-sellers."
The charter follows an investigation on Channel 4’s Dispatches programme The Great Ticket Scandal, which revealed
Rob da Bank co-founder of Bestival and AIF said: "The whole secondary ticketing situation does make me really angry, mostly because I just don't feel many of the people paying vastly inflated prices actually understand the mechanics behind it, and secondly because the people profiting are doing so driven by pure greed."
He added: "For me music has never been about money and there's a sharp divide between those in the music business purely for profit and those who are in it for the love of music. The festivals who say they've sold out while blatantly putting hundreds or thousands of tickets on a secondary seller are just plain dishonest."
To view the Fair Ticketing Charter in full and sign up visit
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