Schumer goes after the scalpers
TicketNews reports that the NY senator is planning to introduce a bill that would … well, I’m not sure exactly what it would do:
New York Sen. Charles Schumer, a vocal opponent to the proposed merger of Ticketmaster and Live Nation, said he is planning to introduce a bill this week that would prohibit all sales of tickets on the secondary market until two days after the tickets initially went on sale to the public.
That seems to mean what it says—that scalpers couldn’t sell tickets for two days after they go on sale. Later in the story, though, we get this:
Supposedly, brokers would not be allowed to purchase tickets until two days after they went on sale, but how that would be monitored was not yet explained. However, his proposal would require brokers to register nationally with the Federal Trade Commission to help eliminate fraud.
The story says the bill would also outlaw presales, where scalped tickets are offered before the real ones even go on sale. It also says that Ticketmaster and Live Nation said they would support the bill.
Anything that messes with scalpers is a good thing, but it’s hard to see how this would affect scalping at all, which is probably why the companies are OK with it.
The issue isn’t when the tickets are resold. The issue is the corruption of the process of putting tickets into the hands of the public. If you allow scalping, it sets in motion a variety of efforts by the scalpers to amass the best seats.
This involves everything from paying off insiders for tickets or setting up computer programs to buy the tix automatically many times faster than humans can.
Hard to see what Shumer’s bill would do to stop that.
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