The D.C. Council recently held a hearing on the Resale Act, which would cap the resale price of tickets in the city at 10% above face value. Although this problem is real, I, like Mayor Muriel Bowser’s administration, fear that the proposed fix is the wrong one and risks hurting the very Washingtonians it is meant to help.
Many D.C. fans justify the cost of subscription ticket packages by reselling a handful of high-demand shows. If the council imposes a cap, they will no longer be able to do so and fewer people will buy these packages. That would be bad for the District’s cultural fabric and economy.
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