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Updated · The Washington Post · Jul 14D.C. Council Approves 10% Cap on Ticket Resale Prices
3 articles · Updated · The Washington Post · Jul 14Summary
- D.C. lawmakers unanimously approved a bill Tuesday that would bar third-party ticket resales above 10% of the original purchase price.
- The measure targets secondary-market listings for live events in the District, aiming to curb steep markups on resale platforms.
- If enacted, the RESALE Act would tighten local rules for ticket brokers and resale sites, extending the city’s push to rein in event-ticket pricing.
Insights
D.C. has capped ticket resale prices. Will this kill scalping or just drive it into an online black market? If scalpers can no longer profit, will artists simply start charging fans the 'scalper price' from the beginning?