Dec 14, 2017
By Jane Brown
As expected, scalper bots are now banned in Ontario.
The bill we told you about yesterday to protect ticket buyers has passed at Queen’s Park, although representatives with the ticket industry warn some parts of it may actually disadvantage music and sports fans.
Attorney General Yasir Naqvi explained how the Ontario government’s tackling the problem.
“One of the most effective ways were doing it is by taking away the financial incentive by putting a 50 percent cap on resale prices in the resale market,” said Naqvi.
Ticketmaster has warned that the legislation puts companies that are playing by the rules at a disadvantage and ticket resale site StubHub says capping ticket resale prices artificially controls a global market and will lead to unintended consequences.