New Bill Could Save You Money on Tickets
A new bill introduced by New York Senator Chuck Schumer could end up saving you money when purchasing concert and sporting tickets.
At a press conference on Monday Schumer said cyber scalpers are using robots to purchase thousands of popular tickets, to resell them on other websites for outrageous prices.
“Hackers and other bad actors are taking advantage of fans and we need to put a stop to it,” Schumer said. “These bots have gotten completely out of control and are now threatening the entire live music industry as well as the ability of fans to purchase tickets at a fair price. That is why I am introducing legislation that would crack down on online hackers and scalpers that use bots to purchase thousands of tickets in a matter of seconds, and then sell them at overly inflated and ridiculous prices to consumers.”
The proposed bill, called the Better On-line Ticket Sales Act, or BOTS Acts, will allow authorities to track individuals that are using bots. Violations are punishable by fines of $16,000 per ticket per day.
Schumer is hopeful the bill will be passed by the end of 2016.