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The Boston Globe
The Boston Globe
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A bill proposed by Senator Dylan Fernandes aims to cap ticket resale prices at 110% of the original, targeting high costs for concerts and events like Noah Kahan's performances and FIFA World Cup matches in Massachusetts. The legislation seeks to address unaffordable ticket prices driven by resale markets, while consumer groups argue that such price caps may reduce competition and increase fraud. Similar laws have been enacted in other states, but opposition warns that price caps could lead to unregulated markets and less market efficiency.
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