ANNAPOLIS, Md. – The cost of attending a concert continues to rise, but new legislation in Maryland would lead to aggressive ticketing oversight. Currently, the Senate bill (SB0539) is set to move forward, which if passed, would make it illegal for resale companies to charge fees and offer tickets that aren’t in the possession of the reseller.
A study by the National Independent Talent Organization shows ticket resellers earned an average profit of $41,000 per show nationwide. Many were charging from two to ten times more than the original ticket price.
While artists set their own prices, there is no cap on what resellers like StubHub and SeatGeek can charge.
The current bill under consideration would require all-inclusive ticket pricing from sellers with no surprise fees, a 10% cap on those fees, and charges would need to be itemized.
Those against the bill say strict regulations could ultimately hurt fans who are looking to sell their tickets.
The Senate bill is moving forward. A similar bill is currently moving through the House.
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Before session ends, please. I understand that there are some that are uncomfortable with outlawing speeding and red light tickets. Wheres the compromise? Its not acceptable that there are unverifiable traffic citations, unverifiable charges. We should be able to go back and see if we could’ve done/ did do what we’re accused of.
Don’t you understand, traffic violations that could cause bodily harm/death and violent crime is okay, but high concert ticket prices and scalping are not acceptable.