Relative to resale of event tickets.
If passed, SB201 will amend existing consumer protection laws by making it unlawful to resell event tickets without proper disclosures about the seller's relationship to the venue. Sellers will have to clearly indicate whether they own the tickets being sold or whether they are operating independently of the venue. This change is intended to create a more transparent marketplace and safeguard consumers from being misled into purchasing tickets that are not legitimately held by the resellers.
Senate Bill 201 addresses the resale of event tickets in the state of New Hampshire. This legislation recognizes the significance of independent live-performance venues, and aims to protect them against deceptive practices commonly found in the secondary ticket marketplace. The bill highlights that independent venues not only contribute to the local economy but often face challenges from resellers who sell tickets at inflated prices, or even engage in fraudulent activities that harm consumers and the venues alike.
The general sentiment regarding SB201 appears supportive among lawmakers concerned with consumer protection and the viability of local venues. Advocates for the bill argue that it is a necessary step towards ensuring fair practices in the ticket resale market. However, there may be some concern from those in the resale industry or potential ticket sellers, who might view the regulations as restrictive or burdensome, impacting their ability to conduct business freely.
A notable point of contention may arise over the balance between protecting consumers and imposing regulations on ticket sellers. Some critics may contend that while ensuring transparency is essential, the additional requirements could inadvertently limit competition or accessibility in the ticket resale market. Furthermore, defining the boundaries of 'reselling' and ensuring compliance with the new regulations presents potential enforcement challenges that could lead to debate among those affected by the bill.