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Vermont committee hears split testimony on H.512 ticket-resale bill; industry and venues disagree on price caps
Summary
A House committee heard international and local testimony on H.512, which would regulate secondary ticket resale. Venue managers urged a 10% cap to protect local economies; platform representatives urged caution, citing enforcement challenges and integration needs.
The House Economic Development, Housing & General Affairs Committee heard competing views on H.512 on April 1 as witnesses from advocacy groups, venues and ticketing platforms described how secondary ticket markets operate and how a state law might limit consumer harm.
Adam of the Fanfare Alliance, who testified from the U.K., described the group’s campaign against large-scale online ticket touting and summarized proposed U.K. reforms that would ban resale above face value and cap platform service fees. "Ticket resale above face value will be illegal," Adam said, adding that platforms "will have a legal duty to monitor and enforce compliance with the cap." He said the U.K.…
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