California Bill Would Cap Ticket Resales at 10% — Coachella Reddit Weighs In

  • chipper1001: Argues Ticketmaster is backing the bill to edge out third-party resellers and control the resale market with their own platform.
  • RecklessCreature: Points out the conflict of interest when primary sellers own resale channels — setting face value and resale price means double-dipping on the same ticket.
  • TheLizardKing89: Warns a 10% cap could drive a black market for tickets.
  • boredinbabylon: Says the cap largely benefits resale platforms rather than buyers; many want resale to be limited to cost or for tickets to be refundable.
  • thehighcardinal: Calls the bill insufficient — it doesn’t address the core problem of market consolidation or Ticketmaster’s ability to charge hefty fees that can be applied again on resale.
  • Platform consolidation: If primary sellers also control resales, a 10% cap may just shift where the money goes rather than lower prices for buyers.
  • Fees and double-charging: High service fees baked into face value can negate the impact of a resale cap.
  • Unintended consequences: Limits on resale could push transactions off the books, creating risky black-market sales.

Source: https://www.reddit.com/r/Coachella/comments/1qwsq0s/state_bill_would_cap_california_ticket_resales_at/

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