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TORONTO — It is now against the law for Ticketmaster and other ticket sellers to sell and resell seats to the same Ontario sporting and entertainment events through related websites.
The Ticket Speculation Act, which has been signed into law after receiving royal assent in the Ontario legislature, aims to stop Ticketmaster from overcharging on event tickets purchased on resale sites.
Ontario first took Ticketmaster to task in April 2009 when fans of Leonard Cohen complained tickets to his Canadian concerts were being sold at inflated prices through a Ticketmaster subsidiary, TicketsNow.
Provincial attorney general Chris Bentley complained that sellers were taking tickets for Ontario events available on the primary market and were reselling them on the secondary market at inflated prices. The new Ontario law means anyone caught selling tickets at above their face value can now be slapped with fines.
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