SeatGeek fined $22,500 by Ontario over alleged sale capping violations
Ontario regulators have fined ticket resale platform SeatGeek $22,500 for violating provincial price capping and disclosure laws. This follows a previous $25,000 fine issued to the company for similar regulatory infractions earlier this year.
Why it matters
The fines highlight ongoing regulatory efforts to curb predatory pricing and lack of transparency in the secondary ticket market.
The province's consumer beware website shows the new fines issued to the ticket resale website earlier this month total $22,500 collectively.
The website says the first of the two fines amounts to $15,000 and is for allegedly making a ticket available for sale or facilitating a sale of a seat beyond the resale price limit.
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