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StubHub tells Vermont committee deceptive-site and speculative-ticket bans help consumers; warns price caps push sales to fraud
Summary
A StubHub representative told the Vermont House Commerce Committee they support banning deceptive websites and speculative sales and offered model language, but opposed price-cap provisions that they say would push transactions into unregulated channels and increase fraud.
A representative of StubHub testified Feb. 6 before the House Committee on Commerce & Economic Development, supporting parts of H.512 that target deceptive websites and speculative ticket sales while urging the committee not to adopt strict price-cap provisions.
The unnamed company witness described StubHub as "an eBay for tickets" that connects buyers and sellers and said the company does not own tickets or set sellers' prices. The witness told the committee StubHub had about 6,000 users in Vermont last year and said more than half of buyers for Vermont events came from out of state.
On deceptive websites and speculative tickets, StubHub said it generally supports prohibitions…
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