Sentences with phrase «ticket scalping»
Ticket scalping refers to the act of reselling event tickets at a higher price than the original face value. It is often done to make a profit, taking advantage of high demand for tickets to popular events. Full definition
One possibility is broader legislation dealing with bots, perhaps modeled on the Better Online Ticket Sales Act (better known as the BOTS Act), a 2016 law meant to clamp down on ticket scalping and computer programs that sweep up large numbers of tickets in online sales.
vox.com
Senator Chuck Schumer will be in Syracuse Monday afternoon to complain about something we've told you about — ticket scalping by cyber bots.
In the most recent case of financial intrigue bubbling up following the leak of the Paradise Papers, an investigation by the CBC and the Toronto Star uncovered evidence of a multi-million dollar ticket scalping operation that StubHub not only permits but incentivizes.
A group of music industry representatives and a Manhattan state senator want Gov. Andrew Cuomo to follow through on his vow to create a panel to recommend consumer - friendly changes to the state ticket scalping law.
Ditto for a bill that would extend the state's three - year - old experiment in legal ticket scalping.
Schneiderman's office has reached settlements worth $ 2.76 million with six ticket brokers as part of its continuing investigation into the online ticket scalping market.
Tickets for Bruce Springsteen's 2016 tour will not go on sale until tomorrow, but hundreds of seats have already been listed for up to $ 5,000 or more on StubHub and other resale sites — listings that have drawn the attention of Schneiderman's office in the latest volley over the $ 8 billion ticket scalping business.
Other measures approved at the last minute would authorize hunting with crossbows, allow ticket scalping to continue, prohibit unauthorized commerce in human tissue, continue health insurance coverage and revise workplace terms for midwives and utility maintenance workers.
«I didn't know political ticket scalping was a thing,» snarked one Albany insider.
He plans to consult with consumer groups, entertainers and his colleagues in other jurisdictions like New York, who have also struggled to deal with ticket scalping and «bots.»
Aventus is a decentralized, autonomous protocol for event ticket exchange that seeks to bridge the primary and secondary markets for ticket sales by reducing ticket scalping, fraud and other rent - seeking behaviors.
Attorney General Eric Schneiderman's office wrote to the Cuomo administration urging the governor to sign a bill designed to crack down on ticket scalping.
The ticket scalping measure extends for another year resales without price restrictions.
One New York City tabloid called it «ticket scalping» (when a purchaser of event tickets turns around and sells them at a huge markup).