Nilly_Chipples
12-17-2004, 11:27 PM
By The Associated Press
ASBURY PARK, N.J. (AP) - A benefit concert by the Boss is bringing out big bids on eBay. But some people offering tickets at several times their face value for an intimate performance Sunday by Bruce Springsteen may be running afoul of anti-scalping laws. The face value of the tickets is $100 each.
Three pairs and one single ticket to the sold-out shows were listed recently at prices ranging from $750 to $2,000 for the pairs and $780 for the single seat.
Under state law, a licensed ticket broker cannot resell tickets, even for a charity event, for more than 50 percent of the face value, said Jeff Lamm, a spokesman for the state Division of Consumer Affairs. Individuals reselling a ticket may not get more than 20 percent above the face value.
More Here (http://apnews.myway.com/article/20041217/D871J2DG0.html)
ASBURY PARK, N.J. (AP) - A benefit concert by the Boss is bringing out big bids on eBay. But some people offering tickets at several times their face value for an intimate performance Sunday by Bruce Springsteen may be running afoul of anti-scalping laws. The face value of the tickets is $100 each.
Three pairs and one single ticket to the sold-out shows were listed recently at prices ranging from $750 to $2,000 for the pairs and $780 for the single seat.
Under state law, a licensed ticket broker cannot resell tickets, even for a charity event, for more than 50 percent of the face value, said Jeff Lamm, a spokesman for the state Division of Consumer Affairs. Individuals reselling a ticket may not get more than 20 percent above the face value.
More Here (http://apnews.myway.com/article/20041217/D871J2DG0.html)