Bill ending prohibition of scalping reaches Massachusetts House floor
A handful of states, including Arkansas, Massachusetts, Kentucky, Michigan, and North Carolina, restrict the resale prices of tickets. Two versions to repeal this restriction were submitted earlier this year in Arkansas, both of which failed for various reasons. The Massachusetts bill requires anyone reselling or facilitating the resale of tickets above face value to pay $1,000 for a license, post a $100,000 bond, and guarantee a refund (less service charges and delivery fees) if a ticket turns out to be counterfeit or the event is canceled. Here's the story from today's Boston Globe.
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