Consumer Protection / Ticket Pricing
Concert tickets could show the real price upfront
New Jersey’s Ticket Fairness and Transparency Act would require sellers to disclose the full ticket price before checkout. It also would bar fees above 10% of face value and limit resale premiums and dynamic pricing to 20%.
New Jersey’s Ticket Fairness and Transparency Act would require ticket sellers to show the full price before a purchase is finished. The bill also sets limits on added fees, resale markups and dynamic pricing.
- Sellers would have to show the full price before checkout.
- Added ticket fees would be capped at 10% of face value.
- Resale premiums would be capped at 20%, excluding taxes.
- The proposal also targets dynamic pricing.
- In New Jersey, live-event ticket buyers would get a clearer price tag before they commit under the Ticket Fairness and Transparency Act, a proposal from Assemblyman Kenyatta Stewart and Assemblywoman Katie Brennan
In New Jersey, live-event ticket buyers would get a clearer price tag before they commit under the Ticket Fairness and Transparency Act, a proposal from Assemblyman Kenyatta Stewart and Assemblywoman Katie Brennan. Sellers would have to tell a purchaser the purchase price before the sale is completed, and that notice would have to include every fee attached to the ticket.
Those fees could not run higher than 10% of the ticket’s face value, and sellers would not be allowed to charge a fee on top of a tax added during the sale. The aim is simple: make the number on the screen or receipt look more like the number that actually comes out of a fan’s wallet.
At resale, the markup stops
The bill would also put a ceiling on the secondary market. A reseller, ticket broker or ticket resale website could not resell, or buy with the intent to resell, a ticket for a place of entertainment at a premium above 20% of the ticket price, including any added fees but excluding taxes charged during the original purchase.
That second cap matters because it narrows the distance between a face-value ticket and the price that can balloon after it changes hands. The proposal also reaches dynamic pricing, the model that lets a ticket’s cost move as demand changes, so fans are less likely to face a moving target when they try to buy in.