StubHub says Ontario’s proposed price cap on ticket resellers will push fans to shady, black-market scalpers and protects Ticketmaster’s sweeping monopoly that has been blamed for driving up prices.
The Ford government announced on Friday that it would introduce legislation in the coming days to prevent tickets to concerts, sports and other live events for being resold for more than their original cost, including fees, service charges and taxes. This would be coupled with new guarantee requirements to protect against the sale of fake tickets and powers aimed at stopping the use of “unfair service charges and fees.”
Procurement Minister Stephen Crawford said the government is “taking action to help ensure Ontario fans have access to fair resale prices and are not exploited by price gouging when they buy resale tickets for their favourite events.”