Congress Passes Act to Fight Online Ticket Scalping
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(Radio.com) Both houses of Congress have passed the Better Online Ticket Sales (BOTS) Act. The BOTS Act proposed making it illegal for automated programs to scoop up tickets by bypassing security software designed to limit ticket sales, and then selling those tickets on second party sites like StubHub for a huge price surge. New York Attorney General Eric Schneiderman investigated just how much more bots charged for tickets, and, according to that report, found the general increase to be around 49%. The Act passed the Senate and the House of Representatives, and will now proceed to President Obama for his signature of final approval. It will only be applicable to shows with over 200 people, but violations can now be prosecuted by Federal Trade Commission or individual states. Read more here. Radio.com is an official news provider for antiMusic.com. advertisement |
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