Next thing you know Live Nation conveniently announces that they can no longer operate in California
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cool
Gavin Vetoes everything that goes against shareholder profits
California lawmakers introduce a bill

Came here to say this. This clown literally vetoes anything that goes against shareholder profits.
Cool, so it'll be cheaper for me to fly to California and watch a show than it will be locally with the prices of some of these shows.
The bill – labeled AB 1720 – would make it illegal to resell a concert, theater, comedy or other live entertainment ticket (sports are not included) at a price higher than face value (the cost of the ticket plus fees from the primary ticketing source) plus 10% for shows taking place in California.
I've had to sell a ticket through ticketmaster because we weren't going to be able to make it to the show. The problem is that I had to sell the ticket at a higher price just to break even with the fees that they add on.
At least with this bill we would still be allowed to sell it without taking a loss, but I wonder how it handles the case for when a ticket has been resold multiple times.
Still I think we really need a law like this if we want to tackle the scalping issue we have.
Honestly I often wonder why Ticket master can’t just refund folks that genuinely can’t make it
Ferengi rule of acquisition #1: "Once you have their money, you never give it back."
Because they also own the reselling platform and make a cut off that too.
And also the venues and Act bookings
They're assholes.
I wonder how it handles the case for when a ticket has been resold multiple times.
The face value wouldn’t change, would it?
Just criminalize scalping.
Literally what this bill would do.
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sports not included
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can still sell for 10% more than the price
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no mention of goods beyond ticket sales
no it doesn't it just caps the potential price on a small amount of frequently scalped goods (concert tickets).