Proponents of a bill to legalize ticket scalping recently approved by
the House contend it would be a boon to consumers, but it's hard to see
how. The greater beneficiaries would be ticket speculators, companies that
sell tickets and performance venues.
Currently it's illegal in South Carolina to sell tickets for more than
$1 over cost. As the recent reports on the escalating cost of tickets to
the Oprah appearance in North Charleston demonstrated, violations of that
law aren't necessarily enforced.
If legislators want to improve the lot of consumers, they would provide
tougher penalties for ticket scalping or more resources to police the
practice.
Under the proposed bill, a ticket buyer could legally scalp tickets
through ticket-selling companies or the sporting and performance venues
that are authorized to sell them. They would receive 20 percent of the
increased price. Large blocks of tickets could be purchased for
speculation, according to The Associated Press. Private ticket scalping
would otherwise remain illegal.
The bill does place major penalties on selling counterfeit tickets.
That certainly would benefit the consumer. So would simply applying the
existing laws designed to restrict ticket scalping, rather than
institutionalizing the practice. The Senate should reject the
bill.