Germany Plans Resale Caps

German Justice and Consumer Protection Minister Stefanie Hubig plans to cap price increases on resold tickets at 20% of the original price, with an absolute limit of €20 per ticket, to curb excessive markups. She said the “Ticket Protection Act” is ready and undergoing government coordination, with the aim of bringing it into force before next summer’s concert and sporting-event season. It has not yet become law.

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