2014

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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