The Ontario government has initiated actions against ticket scalpers and resale platforms to ensure compliance with recent regulations that limit ticket resale prices to face value. Despite these regulations, some platforms continue to offer tickets at inflated prices. Minister of Public and Business Service Delivery and Procurement, Stephen Crawford, stated that resellers, including ticket brokers and major companies like StubHub and SeatGeek, are undergoing inspections and receiving notifications to adhere to the new rules.
The regulation, part of Ontario’s provincial budget, prohibits the sale of tickets above their original purchase price. Inspections are currently ongoing, with enforcement measures such as fines or charges being considered for non-compliance. Customers can report violations to Consumer Protection Ontario.
Some companies are still selling tickets above face value, such as StubHub, which displays ticket prices significantly higher than their face value during checkout. SeatGeek and other platforms also list tickets well above face value compared to Ticketmaster’s prices. While these companies claim to be working towards compliance, uncertainties remain regarding the application of the price cap to older listings.
Minister Crawford emphasized the importance of companies swiftly adjusting their systems to comply with the law, stating that enforcement measures will be taken if necessary. The process of adapting to the new regulations may take time, but companies failing to comply will face consequences. Despite challenges, experts believe the regulations will help curb excessive ticket prices, although concerns about potential black market activities persist.
Overall, the government aims to enforce the price cap efficiently, addressing issues of price gouging in the ticket resale market and ensuring fair practices for consumers and businesses alike.