Responding to news reports of fans being faced with paying thousands of dollars to see their favorite stars perform in concert, Assembly Speaker Craig J. Coughlin (D-Middlesex) issued the following statement today, calling for an Assembly hearing into the fairness of ticket pricing practices in New Jersey:
“I am extremely troubled by the actions of Ticketmaster and other vendors, whose policies have left so many unsuspecting fans with outrageous ticket prices and fees, making attendance to certain Jersey concerts unaffordable for working folks. It’s highly unfair that only the wealthiest can afford access to a quality show, under these circumstances. We have tremendous venues in New Jersey for sports, concerts, theater and arts. It’s one of our great attributes. Not being able to afford or be given fair access to see your favorite band or team play is simply unfair.
“Obscene ticket pricing and scalping are, unfortunately, real issues. Working to make our state more affordable for all residents to enjoy, especially as inflation has left people struggling, it’s our responsibility to investigate current pricing practices and the Assembly will conduct a hearing to ensure fairness and affordability in the process. We have strong consumer protection laws in our state. Let’s make sure none are being violated and if we need to update laws regarding tickets and scalping, then let’s do so. Price gouging, particularly in the primary market, cannot and will not be tolerated.”