News Release
Protecting Consumers in the Resale Ticket Market
November 6, 2014
Ontario Seeking Public Input on Proposed Regulation to Reduce Ticket FraudOntario is proposing regulatory changes under the Ticket Speculation Act that would help reduce fraud and give consumers greater confidence in the tickets they are purchasing.In recent years, the selling of tickets online has grown in popularity. However, consumers in the online resale market can be vulnerable to fraud as electronic tickets can be easily reproduced. In an effort to protect consumers from purchasing fraudulent tickets, the proposed changes would create an exemption under the Ticket Speculation Act to:
Comments may be submitted to the online Regulatory Registry until Dec. 8, 2014. Protecting consumers supports the government's economic plan for Ontario. The four-part plan is building Ontario up by investing in people's talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives, and building a secure savings plan so everyone can afford to retire. |
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