Ticketmaster Canada is delisting resale tickets that customers have posted for Ontario events.
The platform’s spokesperson Shabnum Durrani says it removed the seats to comply with incoming provincial legislation that will cap the price of resale tickets at face value.
The company says customers will be able to relist their tickets next week when the platform will have updated its resale marketplace.
Durrani says Ticketmaster has been notifying customers of the changes.
The move comes after the Ontario government passed its budget bill, which included the resale ticket price cap, but the bill has yet to receive royal assent.
The price cap follows consumer complaints about tickets to popular events, such as the last World Series and Taylor Swift’s Eras tour, being scooped up by resellers who posted seats for several times their face value.
Oh, noes. Ticketmaster won’t be allowed to scalp their own tickets. Boohoo.
Watch them scalp from the original price.
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You buy a ticket for 100 plus 20 in “processing fees”.
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Then you go and resell it for 100, and you can’t claim back the 20 on processing fees.
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Ticket master then sell the tickets for you but take 50 for the sale “for processing”.
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And then whoever bought the tocket gets chargea 20 in process fees as well.
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At least the article mentions it follows Ford scrapping previous caps. However I wish they mentioned it at the start.
So, ticket sales will now just go somewhere else.
No, they will be relisted at a fair price next week.
The sale would have to be occurring outside of Ontario then, and off Ticketmaster’s platform. That added difficulty alone will drive down traffic to the traders.
