Assemblymember Matt Haney, D-San Francisco, introduced legislation aimed at limiting ticket scalping by capping resale prices for concerts and other live events, his office announced.
Assemblymember Haney announced AB 1720, the California Fans First Act, which would limit ticket resale prices to no more than 10% above face value, a press release issued the same day noted.
The bill is intended to curb price gouging by ticket brokers and resale platforms and keep live entertainment affordable, Haney said.
The proposal targets professional scalpers and automated bots that buy large volumes of tickets and resell them at steep markups, often several times the original price.
Supporters say the practice prices fans out of shows while diverting revenue away from artists and venues.
The bill would still allow fan-to-fan resales at a modest markup but prohibit large-scale profiteering. It would apply to concerts, comedy shows and theatrical performances, but not sporting events, Haney’s office said.
Who is going to enforce it? The go to move by democrat government is to pass laws that will not or can’t really be enforced, and to raise taxes. That’s all they know, and that’s all they are capable of doing.
It’s in the bill if you read it. It requires platforms to enforce 10% caps. If they don’t the platform can get sued and that would be a slam dunk class action suit that lawyers love these days. This is a very good thing as price manipulation on concerts has gotten out of control.
“The bill is intended to curb price gouging by ticket brokers and resale platforms and keep live entertainment affordable, Haney said.
The proposal targets professional scalpers and automated bots that buy large volumes of tickets and resell them at steep markups, often several times the original price.”
What a joke, that’s not even how it’s done. The Promoter and Venue have “Holdback” so the best seats never go on sale to the general public. Just more Government intervention that does not solve the problem. If the prices are too high, don’t buy the tickets!, if no one buys at the high price they will have to lower it.
i’m fine with a cap but 10% limit is ridiculous.
Why not include sporting events?