[KingFelix]

The cure did this, we got tickets a few days before the shore, bought from reseller directly through ticket master but they could only be relisted at face value, got 8th for $75 I think, it was a great show

[magicalhippo]

Here in Norway they passed a law which states you can only resell tickets at face value. I'm sure there are some scalpers still but I can't recall reading about it in the news the way I did before the law.

[llsf]

Maybe that is what we need in US too.

Matt Haney is trying to do something with AB 1720 (Resale Price Cap), and Ticketmaster is supporting it. https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml...

I am not sure why a bill would set some magic and arbitrary percentage other than 0%. This has likely be negotiated with the industry.

[llsf]

Thinking more on those 10% cap, it would allow scalpers to sell the original ticket to themselves, over and over, to eventually reach the price of the market.

Unless Ticketmaster takes a significant proportional bite at every resell, nothing prevents scalpers to triple the price of the original ticket, but reselling in a loop.

[llsf]

I think that is the right way to give the enough price control to the artists. So, if The Cure wants to keep the ticket price low, they can.