Nashville, TN, August 25, 2026 —

A new report from Vanderbilt University’s Policy Accelerator indicates that implementing caps on ticket resale prices and limiting fees charged by online ticketing platforms could result in annual savings exceeding $11 billion for live-event attendees. The findings suggest significant potential financial relief for consumers grappling with the rising costs of attending concerts, sporting events, and other live performances.

The report proposes two key measures: a ban on reselling tickets above their original face value and a cap of 10% on processing fees levied by ticketing platforms. These recommendations are aimed at addressing what the report identifies as excessive pricing practices by large-scale ticket brokers and major ticketing companies, including Ticketmaster.

The proposed regulations seek to create a more equitable ticketing market, where the original price of a ticket, plus a reasonable service charge, becomes the maximum consumers would be expected to pay. This contrasts with the current landscape where many tickets are resold on secondary markets at significantly inflated prices, often driven by demand and the actions of professional resellers.

The Policy Accelerator’s analysis highlights the substantial financial burden placed on consumers due to current ticketing industry practices. By capping resale prices and platform fees, the report suggests a direct pathway to reducing overall spending on event tickets, potentially making live events more accessible to a wider audience.

The report does not specify a timeline for the proposed changes or detail the enforcement mechanisms that would be required to implement such caps. Further analysis and legislative action would be necessary to determine the feasibility and impact of these proposed measures on the ticketing industry and consumers.



Story summarized from the original created by Caleb Wethington on www.wsmv.com, see more information here.

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