National Association of Ticket Brokers (NATB) Urges New York Governor Eliot Spitzer to Support a Free, Secondary Market for Ticket Re-Sales
NATB Applauds League of American Theatres and Producers Decision to Support
a Free, Secondary Market and Reject Limits on Ticket Re-sales
WASHINGTON, April 9 /PRNewswire-USNewswire/ -- The National Association of Ticket Brokers (NATB) today urged New York Governor Eliot Spitzer to support a free, secondary market for ticket re-sales and reject any limits on re-selling tickets when New York's current "anti-scalping" law expires in June. In the March 19 New York Post, Governor Spitzer stated "The reason the laws don't work is it's the only product I know where we are regulating the secondary market but we don't set a price for the primary market. It makes no sense." "NATB concurs with the Governor's statement, the current New York law makes no sense. Governor Spitzer has an opportunity to further develop a free market in New York by rejecting the state's current legislation that places limits on reselling tickets for sport and entertainment events," said Russ Lindmark, President, National Association of Ticket Brokers. "NATB also applauds the League of American Theatres and Producers decision to support the removal of any caps on reselling tickets. New York's current legislation not only negatively impacts the state's free market economy but severely limits consumer options for purchasing sports and entertainment tickets." In a statement to New York State's Consumer Protection Board, the League of American Theatres and Producers recommended, "the present law should be allowed to expire and a new statute should be enacted in its place." The League of American Theatres and Producers also suggested "licensing all ticket resellers and requiring appropriate display of the license to give consumers the protection of buying from an authorized reseller" and "a provision requiring the reseller to have the responsibility to [guarantee] full refunds in the event of cancellations or if the consumer was denied access to the event because the ticket was fraudulent." NATB members are required to be licensed and offer consumers a 200 percent refund guarantee if tickets purchased were not delivered as promised. The National Association of Ticket Brokers (NATB) was formed in 1994 by a group of concerned ticket brokers who desired to establish an industry-wide standard of conduct and to create ethical rules and procedures to protect the public and foster a positive perception of the industry. While the goals of the NATB are many, our primary goal is to represent the interests of legitimate ticket brokers by promoting consumer protection and educating the public about our industry. This is done by assuring the public that when dealing with an NATB member, they are working with an honest, reliable broker that will deliver what is promised. In addition, the NATB has created a platform that allows the public to report unethical conduct by ticket brokers. Through self-governance, the NATB has provided enhanced protections for ticket-buying consumers. NATB has worked with law enforcement agencies, state and federal legislators and professional sports leagues and teams. Indeed, NATB has been vital in the NFL's fight against counterfeit and stolen tickets. More information about the NATB is available at http://www.natb.org.
SOURCE National Association of Ticket Brokers
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