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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.
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Source : http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/04-09-2007/0004561975&EDATE= |
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