The D.C. Council is considering new regulations on the secondary market for concert tickets and held a hearing Wednesday.
The secondary ticket market is a multimillion-dollar industry, with companies like StubHub and Ticketmaster operating platforms where consumers can buy and sell tickets to sold out shows — often at prices far higher than the original ticket price.
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“Right now, that average ticket buyer, the person trying to go see a show, is getting gouged in prices,” Ward 6 Councilmember Charles Allen said.
Allen proposed legislation restricting how ticket resellers operate, including a 10% cap on ticket resale prices
“Where we've seen price caps implemented and adopted, it has failed repeatedly,” said Kevin Callah