Where the participating teams logically get a fairly large number of tickets, and then the remaining tickets if bought up by bots are next to impossible to get at anything close to face value. Anyone want or need to add anything to what the commissioner had to say . There are a few states that prohibit ticket resale above face value. The enforcement is spotty. The location restrictions that the commissioner has mentioned are in existence. This legislation is not designed and wouldnt get to anyone who considers that a problem. Were not dealing with that issue. The goal here is to create the circumstance in which you cant acquire the huge magnitude of the tickets that are available and can therefore control or corner the market with your resail of those tickets. That makes sense . It makes exact sense. Im not here to prevent buying and selling, im here to make a level Playing Field so everybody has the same shot at that ticket. You heard mr. Cohen talk about hold backs, maybe you can des
Protection product safety insurance and Data Security subcommittee will come to order. Were pleased to have our witnesses here on a topic that i think is of value and has some opportunity for us to make a difference. Whether its garth brooks concert at wichita, a ku basketball game in lawrence or the mosthyped and prestigious broadway show of all time hamilton, the digital age made acquiring tickets easier than ever, but an ageold issue of ticket scalping has been made more prevalent by advances in technology. When youre trying to pick up tickets for the next big event, youre no longer competing against other eager fans, youre now forced to compete against an army of sophisticated ticket bots that overwhelm the website with brute force, scoop up as many tickets as possible and resell them on a secondary market at a significant markup. So whats a ticket bot . Heres my quick example. Live performance is happening. Garth brooks concert in wichita. You know lots of people who want to be th
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