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Taiwan cracks down on ticket scalping with hefty fines
Taiwan’s Legislative Yuan has passed amendments to the Sports Industry Development Act to combat ticket scalping. The revised law imposes fines on scalpers ranging from 10 to 50 times the ticket’s face value. The amendments also target the resale of complimentary and promotional tickets, with penalties reaching up to NT$18,000. The use of ticket-buying bots will be met with up to three years’ imprisonment and/or fines up to NT$3 million. These measures aim to crack down on the practice of reselling tickets at inflated prices, known locally as "huangniu" or Yellow Cow. The amended law ensures the anonymity of whistleblowers and potentially rewards them for reporting scalping activities. The updates to the legislation were led by the Legislative Yuan Education and Culture Committee, reflecting the legislature’s commitment to fair access to entertainment and sports for fans in Taiwan.2023/12/15 16:33